Dec. 9, 2025: Unlocking Homeownership: NMTC Strategies for For-Sale Housing

The new markets tax credit (NMTC) incentive commonly is used to subsidize community development projects such as small businesses, day care centers, schools and public transportation, but the credit can also serve as a way to incentivize the development of for-sale housing in distressed neighborhoods. In this episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Novogradac partner Nicolo Pinoli, CPA, discuss how developers and investors can best leverage NMTCs to support initiatives aimed at increasing homeownership among low-income households. Novogradac and Pinoli review what community development entities, investors and the various qualified businesses that are eligible to receive the NMTC subsidy should know about the requirements and process.