We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

Treasury and Payments

Improve your working capital, reduce fraud and minimize the impact of unexpected disruptions with our treasury solutions—from digital portals to integrated payables and receivables—all designed to make your operations smoother and more efficient.

Learn more about our treasury solutions:

Commercial Real Estate

Get the strategic support to be successful throughout market and real estate cycles with insights, hands-on service, comprehensive financial solutions and unrivaled certainty of execution.

Learn more about our commercial real estate solutions:

International Banking

Global opportunities mean global challenges. But real success means understanding the local markets you serve—which is why we bring the business solutions, insights and market perspective you need. 

Learn more about our international banking solutions:

Commercial Real Estate

The New Markets Tax Credit Program, explained

We break down the NMTC Program—from eligibility requirements to its focus on improving distressed communities.

Historically, low-income communities have lacked investment and resources. To combat this disinvestment, Congress established the New Markets Tax Credit Program (NMTC) in 2000. The program is designed to attract private investment to distressed communities and spur community development and economic growth.

“The New Markets Tax Credit Program is a critical source of financing for businesses and community facilities in low-income urban and rural areas,” said En Jung Kim, Director of New Markets Tax Credit for Community Development Banking at JPMorgan Chase. “By providing gap funding for projects ranging from Federally Qualified Health Centers to large-scale manufacturing facilities, the program supports expanded services and employment opportunities to help improve residents’ quality of life.” 

JPMorgan Chase has been an investor in NMTC equity since the program’s inception. Our designated team is here to help project owners throughout the development process, including assessing eligibility. 

© 2022 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for disclosures and disclaimers related to this content.

Commercial Real Estate Community Development Banking Diversity and Inclusion Healthcare Taxes Real Estate Credit and Financing Community Impact Nonprofit

Get in Touch and Stay Informed