Tax Credit Resources
Taking advantage of federal, state, and local tax incentives and credits allows brownfield developers to use resources normally spent to pay taxes for other redevelopment purposes. The tools below provide an overview of the key tax incentives and credits that can be leveraged for brownfields cleanup, redevelopment, and reuse.
Low Income Housing Tax Credits
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Historic Tax Credits
Unlocking the Development Finance Toolbox in Rural America
The Rural Financing Best Practices by CDFA explores how rural communities can leverage a wide range of tools and approaches to build on their assets, protect their resources, and make strategic investments that offer long-term benefits for residents...
Historic Tax Credit Catalyst for Change Study
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This report from Place Economics demonstrates quantitatively the catalytic impact that the rehabilitation of historic buildings has on the community made possible with the use of the historic tax credit.
New Markets Tax Credits
Creative Tax Credit Solutions
Tony Smith with S.B. Friedman provides an in-depth look at how New Markets Tax Credits are used, evaluated, leveraged and structured to impact community development in Illinois.
New Markets Tax Credits Overview Video
This video presentation by Brad Elphick of Novogradac & Co. provides a clear overview of New Markets Tax Credits (NMTCs). The slides display the terminology associated with NMTCs, as well as the structure of the program, which involves the CDFI...
New Markets Tax Credits: 50 Projects - 50 States
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This report by the New Markets Tax Credit Coalition provides 50 case studies--one for each state--of this tax credit program. The report begins with an introduction to and explanation of the tax credit program. The case studies include the NMTC...