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Nevada Through FY 2019QLICIs in Nevada Through FY 2019Community
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(CDE) NameProject 2010
Census TractProject CityProject
StateProject Zip
Covestro/NonMetroOrigination
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How to fill out which-types-of-projects-receive-new-markets-tax-credit
How to fill out which-types-of-projects-receive-new-markets-tax-credit
01
Determine if your project falls under the eligible categories for the New Markets Tax Credit program.
02
Fill out the application form with accurate and detailed information about your project.
03
Submit the completed application to the designated agency or organization in charge of managing the New Markets Tax Credit program.
04
Await a decision on whether your project has been approved to receive the tax credit.
Who needs which-types-of-projects-receive-new-markets-tax-credit?
01
Developers and organizations looking to invest in projects located in low-income communities.
02
Businesses seeking financing for projects that promote economic growth and job creation in underserved areas.
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What is which-types-of-projects-receive-new-markets-tax-credit?
The new markets tax credit is a federal program that provides incentives for investors to put money into projects located in economically distressed areas.
Who is required to file which-types-of-projects-receive-new-markets-tax-credit?
Qualified Community Development Entities (CDEs) are required to file for the new markets tax credit.
How to fill out which-types-of-projects-receive-new-markets-tax-credit?
To fill out the new markets tax credit, CDEs must submit Form 8874 with the IRS.
What is the purpose of which-types-of-projects-receive-new-markets-tax-credit?
The purpose of the new markets tax credit is to encourage investment in low-income communities and promote economic development.
What information must be reported on which-types-of-projects-receive-new-markets-tax-credit?
CDEs must report information about the projects they are investing in, the amount of the investment, and the impact on the community.
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