New Market Tax Credits

Affirmative Investments brings private investment through the New Markets Tax Credits program to viable business and community development opportunities in low income communities, reducing the amount that must be privately borrowed or raised through capital campaigns.

Affirmative Investments offers a full range of services from writing New Markets Tax Credit applications to syndicating New Markets Tax Credit transactions for alllocatees. Affirmative Investments has also been an Allocatee, an investment banking firm raising capital for Qualified Equity Investments. In addition, Affirmative has worked closely with non-profit community based sponsors to help them raise debt and equity through the New Markets Tax Credit program.

Affirmative Investments authored Mass. Health and Educational Finance Agency’s (HEFA) winning New Markets Tax Credit application in 2007; HEFA was awarded a $66 million allocation of New Markets Tax Credits.

As financial consultants, we have successfully brought over twenty New Markets Tax Credit transactions to closing, including more than $300 million in development and over $200 million in New Markets Tax Credit Authority.