New Markets Tax Credits and Innovate Fund Award
Cherry Bekaert
JANUARY 18, 2024
The New Markets Tax Credit (NMTC) program has been issuing tax credits for more than two decades as a driving force for investors to aid low-income communities across the United States. In September 2023, Cherry Bekaert’s The Innovate Fund , a Community Development Entity (CDE), received a $50 million allocation in NMTC.
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