NMTC Program
E10940
The NMTC Program is a U.S. federal initiative that incentivizes private investment in low-income communities by offering tax credits to investors in qualified community development projects.
All labels observed (1)
| Label | Occurrences |
|---|---|
| NMTC Program canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T108421 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: NMTC Program Context triple: [New Markets Tax Credit Program, alsoKnownAs, NMTC Program]
-
A.
NMTI
NMTI is a prestigious United States presidential award that honors individuals, teams, and companies for outstanding contributions to technological innovation and advancement.
-
B.
NMTI
NMTI is an acronym whose specific meaning depends on context, commonly referring to various technical or institutional names.
-
C.
NSO
NSO is the commonly used abbreviation for the National Symphony Orchestra, a major American orchestra based in Washington, D.C.
-
D.
IMO
IMO is a specialized United Nations agency responsible for regulating international shipping and promoting maritime safety, security, and environmental protection.
-
E.
IMACS
IMACS is a wide-field imaging and multi-object spectrograph used on large optical telescopes for detailed astronomical observations.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: NMTC Program Target entity description: The NMTC Program is a U.S. federal initiative that incentivizes private investment in low-income communities by offering tax credits to investors in qualified community development projects.
-
A.
NMTI
NMTI is a prestigious United States presidential award that honors individuals, teams, and companies for outstanding contributions to technological innovation and advancement.
-
B.
NMTI
NMTI is an acronym whose specific meaning depends on context, commonly referring to various technical or institutional names.
-
C.
NSO
NSO is the commonly used abbreviation for the National Symphony Orchestra, a major American orchestra based in Washington, D.C.
-
D.
IMO
IMO is a specialized United Nations agency responsible for regulating international shipping and promoting maritime safety, security, and environmental protection.
-
E.
IMACS
IMACS is a wide-field imaging and multi-object spectrograph used on large optical telescopes for detailed astronomical observations.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
community development finance program
ⓘ
federal tax credit program ⓘ |
| administeredBy |
Community Development Financial Institutions Fund
ⓘ
United States Department of the Treasury ⓘ
surface form:
U.S. Department of the Treasury
|
| appliesTo | federal income tax liability ⓘ |
| benefits | federal income tax credits to investors ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdBy |
United States Congress
ⓘ
surface form:
U.S. Congress
|
| creditSchedule |
5 percent of the investment in each of the first 3 years
ⓘ
6 percent of the investment in each of the final 4 years ⓘ |
| eligibleInvestor |
individual investors
ⓘ
private corporations ⓘ |
| eligibleProject | qualified active low-income community businesses ⓘ |
| focusesOn |
business financing in low-income communities
ⓘ
community facilities in low-income communities ⓘ real estate projects in low-income communities ⓘ |
| fullName | New Markets Tax Credit Program ⓘ |
| fundingSource | federal government ⓘ |
| geographicScope | national ⓘ |
| intendedOutcome |
increased access to capital in underserved markets
ⓘ
job creation in low-income communities ⓘ revitalization of distressed neighborhoods ⓘ |
| legalAuthority | Community Renewal Tax Relief Act of 2000 ⓘ |
| mechanism | allocation of tax credit authority to community development entities ⓘ |
| oversightBy | Internal Revenue Service ⓘ |
| policyType | place-based economic development incentive ⓘ |
| primaryBeneficiaries |
community development entities
ⓘ
low-income communities ⓘ private investors ⓘ |
| programType | public-private partnership ⓘ |
| purpose |
incentivize private investment in low-income communities
ⓘ
stimulate economic growth in distressed areas ⓘ support community development projects ⓘ |
| relatedTo |
Community Development Financial Institutions Fund programs
ⓘ
Low-Income Housing Tax Credit ⓘ Opportunity Zones incentive ⓘ |
| requires |
allocation application by Community Development Entities
ⓘ
investment through certified Community Development Entities ⓘ |
| sector |
community development finance
ⓘ
tax policy ⓘ |
| startYear | 2000 ⓘ |
| supports |
qualified equity investments
ⓘ
qualified low-income community investments ⓘ |
| targetArea |
distressed census tracts
ⓘ
low-income communities ⓘ |
| taxCreditPeriod | 7 years ⓘ |
| taxCreditRate | 39 percent of the qualified equity investment ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: NMTC Program Description of subject: The NMTC Program is a U.S. federal initiative that incentivizes private investment in low-income communities by offering tax credits to investors in qualified community development projects.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.