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New Market Tax Credits

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Businesses, including nonprofits, located in Census Tract 3702 in the City of Williamsburg may qualify for the federal New Market Tax Credit (NMTC) Program. The direct benefit of the NMTC Program for businesses in the City of Williamsburg is lower interest rate loans via NMTC entities.

For details about qualifying, contact the Virginia Small Business Financing Authority at (804) 371-8254.