Cinnaire leverages the federal New Markets Tax Credit (NMTC) program to focus investment in transformative projects in the most distressed communities in which we work. We look for opportunities to stimulate communities economically and provide the most vulnerable residents with critical services such as health care and child care.
The New Markets Tax Credit (NMTC) Program promotes economic advancement in distressed communities by encouraging private investment in community development projects. Since beginning our involvement with the program in 2009, Cinnaire has invested well over a quarter billion dollars in NMTC projects. We use each allocation of NTMCs to support large-scale financing for a range of community facilities that support our belief that all people deserve the opportunities provided by living in healthy communities.