Blog 18 — NMTC Permanency: What It Means for Companies Planning Big Projects
The permanency of the New Markets Tax Credit program has reshaped how companies think about financing. For years, uncertainty about extensions left businesses hesitant to plan projects around NMTC. With permanency secured, that has changed.
Why Permanency Matters
Companies can now confidently include NMTC in long-term capital strategies without worrying about sudden expiration. This opens the door to more projects, particularly in underserved areas.
What Companies Should Do
- Plan Early: Competition for allocations remains strong.
- Engage with CDEs: Building relationships ahead of time strengthens the case for support.
- Integrate NMTC with Other Incentives: Combining financing tools often produces the best outcomes.
Our Role
At Five Points, we are helping clients position projects today for allocations that may close in 2026 and beyond. The stability of NMTC makes it a reliable foundation for growth.
