New Markets Tax Credits

New Markets Tax Credits stimulate the investment of private capital in distressed communities and advance broad-based revitalization efforts like those supported by National Equity Fund, Inc. (NEF) and our parent, the Local Initiatives Support Corporation (LISC).

New Markets Support Company (NMSC) is a LISC affiliate that has pioneered the use of this innovative federal credit to revitalize commercial corridors, clean up toxic brownfields sites, eliminate blighted crime havens, reinforce investments in housing and schools, create jobs and build facilities for critical community services that would not otherwise exist.

Based in Chicago, NMSC grew out of the staff expertise and technical efficiencies of NEF and LISC, and their 25 years of LIHTC experience. In addition to providing New Markets syndication and asset management services to a range of investors and developers, NMSC also manages LISC's New Markets Tax Credit allocation, which is the largest in the country.

NMSC asset types include major retail developments, manufacturing/industrial sites, public charter schools, theaters and urban entertainment districts, athletic facilities/fields, office space and health care centers, in addition to business development support. All are connected to low-income communities that are struggling to rebuild their economic infrastructure and improve quality of life for residents. For more information, visit: www.newmarkets.org

Contacts: Kevin Boes, NMSC President
312-697-6467
kboes@newmarkets.org

Robert Poznanski, NMSC Senior Vice President
269-343-5472
rpoznanski@newmarkets.org