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New Markets Tax Credit application for inland regional investment

Summary

The new corporation is applying for federal New Markets Tax Credits to fund housing, job creation, and economic development in low-income communities across seven inland counties. The credits were made permanent and expanded under HR 1, making this a good window to apply. The program is competitive, but staff says the corporation is well positioned.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jul 29, 2026.

Impact analysis

💰Financial impact

No dollar figures stated, but the tax credits could fund major housing and economic development projects across the region.

✅Who benefits

Residents of low-income communities across seven inland counties who could see new housing, jobs, and investment.

Mentions & discussions (1)

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