Treasury Provides More Details On New Markets Tax Credit Plans

摘要

Treasury Secretary Timothy Geithner provided additional details on the Administration's plans for the New Markets tax credit (NMTC) program during a February 18 meeting with recipients of NMTC assistance in Durham,rnN.C.rn"Distressed communities and their small businesses have a hard time attracting investments even in the best of times," Geithner said. "The New Markets tax credit helps these communities attract new investors and ensure they stay invested long enough for businesses to overcome obstacles and grow."