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New Markets Tax Credit: Status of Implementation and Issues Related to GAO's Mandated Reports

GAO-03-223R Published: Dec 06, 2002. Publicly Released: Dec 06, 2002.
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Highlights

This report describes the status of our work toward developing a methodology for evaluating the New Markets Tax Credit (NMTC) Program. Our objectives are to provide information about (1) the NMTC Program, including its goals, its design, and progress in implementing the program, and (2)our mandated review of the program, including the potential scope of the review and how the program may be evaluated for effectiveness and compliance.

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Community development programsProgram evaluationTax creditInvestmentsEconomically depressed areasEconomic developmentNew markets tax creditCommunitiesStatistical methodsCommunity development