New Markets Tax Credit Program
GPTKB entity
Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax credit program
|
| gptkbp:aimsTo |
community infrastructure
stimulate economic growth |
| gptkbp:associated_with |
community development initiatives
|
| gptkbp:attracts |
private investment
|
| gptkbp:createdBy |
gptkb:U.S._Congress
|
| gptkbp:established |
2000
|
| gptkbp:funding |
seven years
|
| gptkbp:has_a |
$5 billion
|
| gptkbp:hasPrograms |
economic development
supports local economies encourages economic revitalization |
| gptkbp:held_annually |
2000
|
| https://www.w3.org/2000/01/rdf-schema#label |
New Markets Tax Credit Program
|
| gptkbp:initiatives |
promotes investment
|
| gptkbp:investmentFocus |
qualified businesses
|
| gptkbp:is_a_source_of |
capital for development projects
|
| gptkbp:is_a_subject_of |
regulatory compliance
|
| gptkbp:is_a_time_for |
social investment
|
| gptkbp:is_a_tool_for |
community development
financial inclusion |
| gptkbp:is_aimed_at |
underdeveloped areas
|
| gptkbp:is_available_in |
equity investments
|
| gptkbp:is_designed_to |
small businesses
economic opportunities low-income individuals private sector investment |
| gptkbp:is_evaluated_by |
performance metrics
community impact |
| gptkbp:is_involved_in |
revitalizing neighborhoods
|
| gptkbp:is_linked_to |
financial institutions
|
| gptkbp:is_part_of |
reduce poverty
Community Renewal Tax Relief Act U.S._economic_policy U.S._tax_code |
| gptkbp:is_supported_by |
job creation
|
| gptkbp:is_used_in |
rural areas
urban areas nonprofit organizations for-profit businesses real estate projects business expansions state tax credits other financing sources |
| gptkbp:offersCoursesIn |
39% of the investment
|
| gptkbp:operates_in |
gptkb:Community_Development_Financial_Institutions_Fund
|
| gptkbp:receives_funding_from |
investors
|
| gptkbp:targets |
low-income communities
|
| gptkbp:was_a_response_to |
economic disparities
|