The New Markets Tax Credit program was created by Congress to spur privately-financed economic development in lower-income areas throughout the United States. If you are looking to expand your operations into a new or a larger space, you have the opportunity to develop in an area that was historically or is currently distressed and potentially be eligible for a New Markets Tax Credit investment. 

Tax incentives exist to support local infrastructure development and can be utilized by an organization to develop a more sustainable future. The New Markets Tax Credit program has proven to be a boon for OPOs. By leveraging this federal program that can deliver 20-30% of total project costs for a qualifying OPO project, Simon has successfully navigated and closed transactions totaling more than $50 million in the OPO space alone.

Let us guide you through the process to help you save time and money so that you can be in a stronger financial position to serve your community.