New Markets Tax Credits
As one of Kentucky’s only NMTC allocatees, Community Ventures has helped finance and support rural communities and urban environments across the state. NMTC funding targets low-income, poverty-stricken communities in designated census tracts and projects with this funding can subsidize up to 20% of their project’s capital needs.
To apply for New Markets Tax Credits, click the button below. The application can be mailed or hand-delivered to our Main Offices at 1450 N. Broadway in Lexington, KY or sent digitally to nrecord@cvky.org.
To better understand how NMTC funds effectively improve and help our communities, take a look at some of our past projects:
NMTC PAST PROJECTS
Cumberland Wellness Properties
Magoffin County High School
Russell Development – Chef Space
Union College of Nursing
University of Pikeville School of Osteopathic Medicine
21C Hotel
Lindsey Wilson College
The MET
Berea College
Modern Distributors
Mustard Seed Hill
West Virginia Great Barrel Company
Kanawha County Public Library
Food Lion
Flash Steelworks
ERMCO Expansion
Calhoun Community Center
The Imperial Building