Leveraging Capital

Authors

James McCarthy

Source

Mainebiz

Date

11-30-2015

Pages

28-30

Abstract

CEI Capital Management LLC is using the New Markets Tax Credits, a program created by the federal government in 2000 to help stimulate investment and economic growth in low-income communities, to drive capital into distressed local communities. How that has been achieved and the future of the New Markets Tax Credit program is described. Included is a text box highlighting three recent New Markets Tax Credit projects in Maine.

Subjects

Economic development

Recommended Citation

McCarthy, James, "Leveraging Capital" (2015). Maine News Index – MaineBiz. 6552.
https://digitalcommons.portlandlibrary.com/news_mainebiz/6552