New Markets Tax Credit Program

New Markets Tax Credits (NMTC) works to encourage and jumpstart investment in low-income census tracts to create jobs and bring new opportunities to qualifying areas. The goal of the NMTC award is to fill a financing gap for transformative projects which bring opportunities to low-income or distressed areas.

Unlock More Info

Minimum: $1,500,000

Resource Provider
Founded in 1982, Dakota Business Lending is the oldest, largest, and most experienced 504 CDC in North Dakota. The mission of this private, not-for-profit entity is to build lasting relationships and drive economic growth by being the premier small business resource in our footprint. Along with business financing programs, Dakota Business Lending also offers several resources to help small businesses start, grow, and expand such as the Entrepreneur District and ACTIVATE.
Resource Type
Tax Credit and Exemption
Equipment, Inventory, Real Estate, Renovation to Real Estate, Startup, Working Capital
Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added
Business Stage
Existing Business, New Business
Any Loan Officer
(701) 293-8892

Share This

Need help finding your program editor? Email

Something wrong? Email

Similar programs to consider

Find a Program
  • Fargo Business Property Tax Exemptions

    The City of Fargo has several tax exemptions available for commercial properties.

    View Program
  • Fargo Renaissance Zone

    The Renaissance Zone Program includes two (2) primary incentives, which include the possibility of property tax and income tax exemptions for qualified projects as well as opportunities to pursue historic preservation and renovation tax credits.

    View Program
  • Williston STAR Fund

    Low interest loan programs for new and existing businesses, matching grants for business remodel and sign replacements, incentive funding for existing and new child care facilities, and grant opportunities for qualifying projects that enhance quality of life in the community.

    View Program