The New Mexico Finance Authority is pleased to provide New Markets Tax Credits (“NMTC”) loan funds dedicated solely to New Mexico businesses. NMTC loans are combined with other sources of funding that are secured by the applicant and managed by Finance New Mexico.
The Statewide Economic Development Finance Act provides the New Mexico Finance Authority with broad authority to operate financing programs that stimulate economic development including the power to form, operate, own or co-own qualified Community Development Entities (“CDEs”) for the purpose of participating in the New Markets Tax Credit (“NMTC”) Program.
