New Market Tax Credits – A Basic Overview
This video from NovogradacCPAs describes the incentive the tax credit provides for companies to invest in low-income communities; also, it shows the basic new markets tax credit structure and definition.
Arkansas Baptist College Plans $18 Million Investment for Expansion
Arkansas Baptist College announced Thursday that it will invest $18 million to expand its Little Rock campus by adding a new residence hall and general education building and purchasing nearby real estate for future growth. The college said First Security... Read More →
Arkansas Baptist College Plans $18 Million Expansion
Arkansas Baptist College announced plans today for an $18 million expansion of its campus just south of downtown Little Rock. The college plans to build a new education building, expand the cafeteria from 77 seats to 322, build a new... Read More →
Governor’s Cup Enters Homestretch
Several budding capitalists were recently chosen to participate in the next round of the Donald W. Reynolds Governor’s Cup Graduate and Undergraduate Business Plan Competition. A total of 12 undergraduate and five graduate teams will advance beyond the 50 groups... Read More →
Arkansas Baptist College Receives $18 Million Expansion
Not long ago, the enrollment level at Arkansas Baptist College was around 300 students. The college facilities were neither updated nor plentiful, and there was not enough housing available for the students on campus. Because of the situation wit the... Read More →
Disaster Biodiesel Bill Passes Senate
On Wednesday (March 10), the Senate passed the “American Workers, State, and Business Relief Act of 2010.” Besides providing $1.5 billion in disaster funds for agriculture, the bill would reinstate vital tax credits for the biodiesel industry that expired last... Read More →
OBU Inaugural Business Plan Competition Offers Practical Experience
Ouachita Baptist University’s Hickingbothom School of Business recently held its inaugural Business Plan Competition. Participating students formed teams or worked individually under the supervision of a faculty member to create a start-up company for rewards of up to $4,000. “These... Read More →
Summary of HRF’s second NMTC allocation
Heartland Renaissance Fund was notified on May 27, 2009 that it had been awarded a $55 million allocation of New Market Tax Credits for use within Arkansas from the New Markets Tax Credits Recovery Act Allocation.
New Market Tax Credit Transactions Across The Nation
The New Market Tax Credit (NMTC) program has been used to facilitate financing for a wide range of projects within eligible census tracts. The Department of Treasury released its November Report showing the programs investment results. Here are sample projects... Read More →
The Benefits of New Market Tax Credits
An overview of New Market Tax Credits and how they benefit communities in Arkansas.