NMTC Process

NMTC Process Background Image
NMTC Process Flow Chart

The flow chart below shows the structure and financial entities involved in the NMTC application process. For more detailed information, simply hover your mouse over the desired area. Getting NMTC approval for your project is complex and time consuming. Working with an experienced partner like True Mountain Capital is key for success.

An entity – typically affiliated with the Sponsor – that provides debt (the “Leverage Loan”) into a fund where it can be pooled with an equity investment from the NMTC Investor and ultimately lent to a QALICB to improve property. A subset of the U.S. Treasury that administers the NMTC program, annually awarding $5Bn of NMTC allocation authority to CDEs. An organization certified by the CDFI Fund that applies for NMTC allocation and deploys that allocation into NMTC-eligible projects. CDEs receive the Investor’s equity and the Leverage Loan. An individual or entity that makes an upfront equity investment into a NMTC-eligible project, in exchange for a 7-year stream of New Markets Tax Credits. A business in a low-income, severely distressed census tract that creates jobs and/or provides goods and services to the surrounding Low-Income Community. A special purpose vehicle that (a) pools the capital provided by the leverage lender and the NMTC Investor and (b) funds a Qualified Equity Investment into one or many CDEs.
**mouseover boxes for more details
For more information on how True Mountain Capital can guide you to successful NMTC funding please use the contact form below.

Whole Loan Trading

Let’s start trading today!

Business Purpose Loan Advisory

Find capital solutions

Find an Equity Investor

Let us help you make connections

Tax Solutions

Tax credits, incentives, and benefits programs