State NMTC Programs


A number of states have enacted state New Markets Tax Credit programs to boost economies by attracting private capital to low-income areas that are underserved by traditional funding resources.

Participating States


To date, 14 states – Alabama, Arkansas, Florida, Illinois, Kentucky, Louisiana, Maine, Mississippi, Missouri, Nebraska, Nevada, Ohio, Oregon, Utah – have enacted their own New Markets Investment Program. Other states have taken notice of the State New Markets Initiative due to the program’s runaway success.

LL NMTC States.

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC