Development Municipal Bonds (CDMB)
CD Muni bonds are securities issued by states, cities, towns, counties
and special districts that have community development as their primary
purpose and the interest on them is generally exempt from federal
income taxation and, in some cases, state income taxation.
Markets Tax Credits (NMTC)
NMTCs provide taxpayers with a credit against federal income taxes
for making qualified equity investments in community development entities.
Business Investment Companies (SBIC)
SBICs, which are licensed and regulated by the US Small Business Administration,
are privately owned and managed investment firms that provide venture
capital and start-up financing to small businesses.