Section 16.24 Missouri New Market Tax Credits
| Library | Local Government Deskbook (2017 Ed.) |
5. (§16.24) Missouri New Market Tax Credits
The Missouri NMTC (New Market Tax Credit) program was enacted in 2007 under § 135.680, RSMo 2016. The NMTC program provides state tax credits to investors that invest in approved funds, established by qualified CDEs (Community Development Entities), which make investments in eligible projects located in census tracts that have a poverty rate of 20% or more, or have a...
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