Healthcare and Behavioral Health Projects: A New Era for NMTC
The healthcare sector, particularly behavioral health, has emerged as one of the strongest fits for the New Markets Tax Credit (NMTC) program. Communities across the country face shortages of care, and NMTC financing is helping fill the gap.
Why Healthcare Projects Are Strong Candidates
Healthcare facilities in underserved areas align closely with NMTC’s mission of community impact. They create jobs, expand essential services, and improve quality of life. Behavioral health facilities in particular are often located in low-income census tracts, making them prime candidates.
Recent Trends
- Increased demand for outpatient behavioral health services
- Stronger partnerships between healthcare providers and community development entities
- Greater emphasis on facilities that integrate behavioral and physical health care
The Financial Advantage
With NMTC, projects can secure below-market financing that covers up to 20 percent of total costs at closing. For facilities that often struggle with thin operating margins, this support can be decisive.
Our Perspective
Healthcare organizations considering new facilities should explore NMTC early. The combination of community need and program alignment makes these projects some of the most competitive and impactful in the allocation process.
