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New Markets Tax Credit Loans

In 2008 NCIF established a formal working partnership with CEI Capital Management, LLC (CCML), a for profit subsidiary of Coastal Enterprises, Inc. (CEI), to provide access to New Markets Tax Credit based loan funds in our four state service area. This partnership represents a unique opportunity to accelerate the development and implementation of triple bottom line projects in rural Appalachia and the Southeast.

NCIF and CCML are looking for eligible deals that meet the following investment themes:

  • Natural Resource-Based Development Investments. Investments in operating companies utilizing sustainably-managed natural resources as key assets in their businesses to create value-added products – working forests, pulp and paper companies, wood products companies, small farms, recreational tourism ventures, and supporting industries.
  • Major Business Investments. Investments in operating companies with compelling triple bottom-line features, including use of renewable energy, energy conservation, and “green building” design.

A good indication of whether a project or business is a compelling candidate for CCML's New Markets Tax Credit product is to ask whether the project or business under consideration would be viable and would most likely succeed if it did not have the benefits of the NMTCs. NCIF and CCML will also assess whether a project's positive social and environmental impacts are significantly enhanced by the addition of the NMTCs.

Learn more about New Market Tax Credit Loan Funds.

If you have a project or business that may be eligible for New Markets Tax Credits, view the Model NMTC Project Components.

About CEI Capital Management, LLC

CEI Capital Management, LLC (CCML) is a for profit subsidiary of Coastal Enterprises, Inc. (CEI) that furthers CEI's mission by working to help attract capital to low-income areas using the federal New Markets Tax Credit program. CEI and CCML take a triple bottom-line approach as an NMTC program sponsor when underwriting prospective transactions, looking for strongly positive economic and community development impacts, social equity, and environmental protection. www.ceimaine.org

Portfolio Spotlight

SJ Morse
New Investments Announced
This fall the Natural Capital Investment Fund approved new investments in renewable energy and sustainable forestry portfolio companies totaling $649,000.

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Your support will help us continue to find, support and fund entrepreneurs who are demonstrating, that triple-bottom-line businesses can sustain rural communities and their natural resources.

NCIF Partners to Offer New Markets Tax Credit Products

In 2008, NCIF established a formal working partnership with CEI Capital Management, LLC to provide access to New Markets Tax Credit-based loan funds in our four state service area. This partnership represents a unique opportunity to accelerate the development and implementation of triple bottom line projects in rural Appalachia and the Southeast. Read more>