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Untapped Dollars

Untapped Dollars

Uptapped Dollars: Developers await word on new market tax credits, picking up traction

Legacy Bank & Trust is a Community Development Financial Institution (CDFI) Bank headquartered in Missouri.  In addition to being a full-service community bank, Legacy also has a unique suite of incentivized lending products available to small businesses, tax credit and traditional developers, investors, and affordable housing providers.  As a specialized community development lender, Legacy was proud to bring the first New Markets Tax Credit (NMTC) dollars to Springfield and Southwest Missouri through a small dollar business loan pool.  This article highlights how New Markets Tax Credits are picking up traction in the Springfield area. Click here to read more