New Markets Tax Credit Allocation Application

Streamline Your New Markets Tax Credit Application Process

The New Markets Tax Credit (NMTC) program is a powerful tool for driving investment into low-income communities, but the application process can be complex and time-consuming. This New Markets Tax Credit Allocation Application template is designed to help Community Development Entities (CDEs), financial institutions, and economic development organizations collect all necessary documentation in one organized, professional form.

Built for CDEs and Community Investment Professionals

Whether you're a certified CDE seeking NMTC allocation authority from the CDFI Fund, or you're managing qualified equity investments and community impact reporting, this template captures every critical data point required for successful NMTC applications. The form walks applicants through investment structure details, qualified low-income community business (QLICB) documentation, community impact metrics, and compliance requirements—all in a clear, logical flow.

Complete Documentation in One Place

This template includes sections for applicant organization information, investment details, qualified active low-income community business verification, community impact assessment metrics (jobs created, community services provided, environmental benefits), and supporting documentation uploads. Conditional logic ensures applicants only see questions relevant to their investment type and community designation, reducing confusion and improving completion rates.

Integrate with Your Workflow

Paperform's powerful integrations let you automatically route completed applications to your review team via email, save submissions to Google Sheets or Airtable for tracking, or push data into your CRM or grant management system. You can even use Stepper to build automated workflows that trigger compliance checks, request additional documentation, or notify stakeholders when applications reach key milestones.

For organizations managing multiple NMTC applications or client portfolios, the Agency+ tier offers multi-client management, while Enterprise features like SSO and custom data residency ensure your sensitive financial and community data stays secure and compliant.

Professional, On-Brand Application Experience

Unlike static PDFs or rigid government portals, this template can be customized to match your organization's branding with custom fonts, colors, logos, and backgrounds. Embed it directly on your website or share via a custom domain to create a seamless, professional applicant experience that reflects the quality of your community investment work.

Trusted by financial institutions, economic development agencies, and Community Development Entities nationwide, Paperform makes it easy to collect, organize, and process complex tax credit applications without the need for developers or expensive software solutions.