Eligible Neighborhoods Map

Investing in community development projects in low income communities can bring taxpayers one step closer to receiving a credit towards their federal income tax. By utilizing the New Markets Tax Credit, low income communities benefit.

New Markets Tax Credits promote economic development in rural and urban low-income communities by increasing the amount of
investment capital available. The City of Denver in partnership with the Colorado Housing and Finance Authority and the Colorado Enterprise Fund has a $40 million allocation of New Markets Tax Credits from the Department of Treasury and is working with several lenders.

Low Income Communities are eligible to benefit from the New Markets Tax Credit (NMTC) and are defined by the US Treasury Department as census tracts with a poverty rate of at least 20% or median family income not exceeding 80% of the statewide median family income.  For more information, see www.cdfifund.gov.