ExED pioneered the use of the federal New Markets Tax Credit (NMTC) program to finance charter school facilities in
qualified census tracts.
The deal also permits projects located in
qualified census tracts to remain qualified for a period of two years if the census tract changes.
To find
our qualifying census tracts, income requirements, purchase price limits, current rates, debt - to - service ratio and fees, please call our Customer Service Center at 1-800-522-4167, or visit any Columbia Bank branch.
Not exact matches
Located in one of the nation's poorest
census tracts, 85 percent of its students are black or Latino, and 86 percent are poor enough to
qualify for free or reduced - price lunches.
Income on these affordable programs are limited by the Area Median Income (AMI) and
census tract (see your Loan Consultant with questions and if your income
qualifies for the area of interest).