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Tag Archives: credits

Fate of new market tax credits rests with Congress

» Credits have brought nearly $300 million in investment to Mississippi since 2000   Hailed as an immensely valuable tool for Mississippi developers to use to cut project costs, new market tax credits could die at the end of the year – or they could live on as a permanent part of the U.S. tax code. Congress must decide the ...

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Resinall gets New Market investment for expansion

HATTIESBURG — Resinall Mississippi (Resinall) has completed a New Market Tax Credit (NMTC)-based investment. The New Markets Tax Credit program is run by the CDFI Fund under the Department of Treasury. MuniStrategies and SECDE Ventures were the two Mississippi-based New Markets allocatees that provided federal and state tax credit incentives to help finance this project. New Markets enabled an $18-million ...

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