by kaitlyn | Sep 5, 2024 | Blog, Magazine
Featured in The New Markets Tax Credit (NMTC) program was created to incentivize investment, community development, and economic growth in low-income and distressed areas across America. But what are these areas and where are they located in North Dakota? Let’s dive...
by kaitlyn | Sep 5, 2024 | Blog, Magazine
Featured in A key part to making the New Market Tax Credits (NMTC) program successful is the partnerships and investments by community banks and lending partners. There are two avenues that banks are involved in the NMTC process: as a leverage lender and as an...
by kaitlyn | Sep 5, 2024 | Blog, Magazine
Featured in The New Markets Tax Credit (NMTC) program is not just about economic development…it’s about truly making an impact on local communities. That’s why Dakota Business Lending developed the Pay-It-Forward initiative. With every NMTC project, DBL asks each...
by kaitlyn | Sep 5, 2024 | Blog, Magazine
Featured in The New Market Tax Credits (NMTC) program is a powerful tool for driving economic growth and revitalization in areas across the nation that need it most. To learn more about the transformative power of NMTC and how it has impacted local economies in North...
by kaitlyn | Sep 5, 2024 | Blog, Magazine
Featured in The New Markets Tax Credit (NMTC) program is highly competitive and has several specific eligibility requirements. It is important that businesses give Dakota Business Lending (DBL) detailed and comprehensive information so it can be determined whether...
by kaitlyn | Sep 5, 2024 | Blog, Magazine
Featured in The New Markets Tax Credit program (NMTC) has been a game-changer in transforming communities, driving economic growth, and fostering development in low-income and distressed areas. To get a better idea of the power of this program and how it aligns with...