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November 26, 2013

How New Markets Tax Credits Attract Philanthropic Investors

What do a foreign-based manufacturer, an historic downtown building and a regional mental health services provider have in common?

They all have taken advantage of the federal New Markets Tax Credit program and DRM assistance to invest in their future.

Whether for-profit or not-for-profit, this increasingly popular program aimed at stimulating economic development in income-challenged areas has proved to be a valuable tool for DRM clients looking to find new capital for worthwhile projects.

In this article, DRM Tax Attorney Wm. Roger Prescott describes how New Markets Tax Credits attract philanthropic investors. Read the article and call Roger today.

Read Attracting Philanthropic Support for Your Project

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