New Markets Tax Credit
Revitalizing Massachusetts and Rhode Island Communities
Established by Congress in December of 2000, the federal New Markets Tax Credit Program (NMTC Program) provides tax incentives for investment in low-income areas across the country. As the recent recipient of $66 million in tax credit allocation authority, Rockland Trust is privileged to offer NMTC Loans to qualified businesses throughout Massachusetts and Rhode Island
We're proud to have played a part in creating nearly 3,000 jobs and rehabilitating over 2.7 million square feet of real estate as a NMTC Program participant. Read more about Rockland Trust's role in this important initiative.