New Markets Tax Credit Program
GPTKB entity
Statements (69)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:tax_policy
|
| gptkbp:administered_by |
gptkb:Community_Development_Financial_Institutions_Fund
gptkb:CDFI_Fund |
| gptkbp:aims_to |
stimulate economic growth
|
| gptkbp:collaborated_with |
local governments
community stakeholders |
| gptkbp:created_by |
gptkb:U._S._Congress
|
| gptkbp:enacted_by |
gptkb:2000
|
| gptkbp:encourages |
investment in community development
|
| gptkbp:has_facilitated |
over $50 billion in investments
|
| gptkbp:has_impact_on |
job creation
infrastructure improvement business development |
| https://www.w3.org/2000/01/rdf-schema#label |
New Markets Tax Credit Program
|
| gptkbp:is_associated_with |
financial inclusion
social impact investing |
| gptkbp:is_available_in |
gptkb:investors
|
| gptkbp:is_beneficial_for |
small businesses
underrepresented communities |
| gptkbp:is_criticized_for |
complex application process
|
| gptkbp:is_designed_to |
community revitalization
leverage private investment |
| gptkbp:is_evaluated_by |
performance metrics
sustainability community impact return on investment economic impact economic sustainability social return on investment third-party assessments job retention |
| gptkbp:is_funded_by |
gptkb:federal_government
|
| gptkbp:is_implemented_in |
tax incentives
|
| gptkbp:is_linked_to |
community health initiatives
job training programs urban renewal projects affordable housing projects local economic development plans community development financial institutions |
| gptkbp:is_monitored_by |
federal agencies
|
| gptkbp:is_part_of |
economic development strategy
national economic strategy federal economic policy community investment initiatives U. S. federal tax policy |
| gptkbp:is_promoted_by |
government agencies
advocacy groups economic development agencies |
| gptkbp:is_promoted_through |
public awareness campaigns
workshops and seminars media campaigns |
| gptkbp:is_subject_to |
regulatory guidelines
|
| gptkbp:is_supported_by |
local businesses
nonprofit organizations investment funds business associations philanthropic organizations |
| gptkbp:is_used_for |
infrastructure projects
|
| gptkbp:is_used_in |
community development organizations
|
| gptkbp:is_utilized_by |
community organizations
social enterprises real estate developers nonprofit developers |
| gptkbp:provides |
tax credits
|
| gptkbp:requires |
qualified equity investments
|
| gptkbp:sustainability |
every two years
|
| gptkbp:targets |
low-income communities
|
| gptkbp:bfsParent |
gptkb:Community_Development_Financial_Institutions_Fund
|
| gptkbp:bfsLayer |
4
|