{"id":{"repo_id":"uno","oai_identifier":"oai:scholarworks.uno.edu:td-2181"},"canonical_url":"https://search.dev.ndltd.org/etd/uno/oai:scholarworks.uno.edu:td-2181","repository":{"repo_id":"uno","name":"University of New Orleans","base_url":"https://scholarworks.uno.edu/do/oai/"},"display":{"title":"How New Markets Tax Credits are Contributing to Recovery and Community Development in New Orleans","abstract":"The New Markets Tax Credit (NMTC) program was created in 2000 to incentivize commercial investment in low-income communities that have traditionally lacked access to capital. In addition to its use to foster community development, after Hurricane Katrina it was put to use as a disaster recovery resource as part of the Gulf Opportunity Zone Act. The program has successfully attracted investors, but gauging the community impact of NMTC projects is difficult to assess because of the diversity of allowable project types and their wide dispersion across the country. New Orleans affords a unique opportunity to examine how NMTCs have contributed to a specific community because of its pre-disaster economic and post-disaster recovery needs, and because 40 businesses in the city have received NMTC financing through 2008. At present, a disproportionate share of projects and dollars invested have gone to the Central Business District and other lightly flooded or unflooded areas.","abstract_html":"The New Markets Tax Credit (NMTC) program was created in 2000 to incentivize commercial investment in low-income communities that have traditionally lacked access to capital. In addition to its use to foster community development, after Hurricane Katrina it was put to use as a disaster recovery resource as part of the Gulf Opportunity Zone Act. The program has successfully attracted investors, but gauging the community impact of NMTC projects is difficult to assess because of the diversity of allowable project types and their wide dispersion across the country. New Orleans affords a unique opportunity to examine how NMTCs have contributed to a specific community because of its pre-disaster economic and post-disaster recovery needs, and because 40 businesses in the city have received NMTC financing through 2008. At present, a disproportionate share of projects and dollars invested have gone to the Central Business District and other lightly flooded or unflooded areas.","abstract_has_math":false,"creators":["Houtman, Rebecca"],"institution":null,"degree_name":"M.S.","degree_level":"Thesis","degree_discipline":"Planning and Urban Studies","degree_department":null,"school":null,"contributors":["Nelson, Marla","Ehrenfeucht, Renia","Rastello, Blaise"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2010,"date_issued":"2010-05-14T07:00:00Z","date_published":"2010-05-14T07:00:00Z","updated_at":"2026-07-24T05:29:08Z","subjects":["New Markets Tax Credits","economic development","community development","New Orleans","disaster recovery"],"languages":[],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"https://scholarworks.uno.edu/td/1198","outbound_label":"Repository record","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Nelson, Marla","Ehrenfeucht, Renia","Rastello, Blaise"]},{"key":"dc:creator","label":"Author","values":["Houtman, Rebecca"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"thesis:degree_discipline","label":"Discipline","values":["Planning and Urban Studies"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["New Markets Tax Credits","economic development","community development","New Orleans","disaster recovery"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["https://scholarworks.uno.edu/td/1198"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["The New Markets Tax Credit (NMTC) program was created in 2000 to incentivize commercial investment in low-income communities that have traditionally lacked access to capital. In addition to its use to foster community development, after Hurricane Katrina it was put to use as a disaster recovery resource as part of the Gulf Opportunity Zone Act. The program has successfully attracted investors, but gauging the community impact of NMTC projects is difficult to assess because of the diversity of allowable project types and their wide dispersion across the country. New Orleans affords a unique opportunity to examine how NMTCs have contributed to a specific community because of its pre-disaster economic and post-disaster recovery needs, and because 40 businesses in the city have received NMTC financing through 2008. At present, a disproportionate share of projects and dollars invested have gone to the Central Business District and other lightly flooded or unflooded areas."]},{"key":"dc:title","label":"Title","values":["How New Markets Tax Credits are Contributing to Recovery and Community Development in New Orleans"]}]}],"canonical_facts":{"dc:contributor":["Nelson, Marla","Ehrenfeucht, Renia","Rastello, Blaise"],"dc:creator":["Houtman, Rebecca"],"dc:description.abstract":["The New Markets Tax Credit (NMTC) program was created in 2000 to incentivize commercial investment in low-income communities that have traditionally lacked access to capital. In addition to its use to foster community development, after Hurricane Katrina it was put to use as a disaster recovery resource as part of the Gulf Opportunity Zone Act. The program has successfully attracted investors, but gauging the community impact of NMTC projects is difficult to assess because of the diversity of allowable project types and their wide dispersion across the country. New Orleans affords a unique opportunity to examine how NMTCs have contributed to a specific community because of its pre-disaster economic and post-disaster recovery needs, and because 40 businesses in the city have received NMTC financing through 2008. At present, a disproportionate share of projects and dollars invested have gone to the Central Business District and other lightly flooded or unflooded areas."],"dc:identifier":["https://scholarworks.uno.edu/td/1198"],"dc:subject":["New Markets Tax Credits","economic development","community development","New Orleans","disaster recovery"],"dc:title":["How New Markets Tax Credits are Contributing to Recovery and Community Development in New Orleans"],"thesis:degree_discipline":["Planning and Urban Studies"],"thesis:degree_level":["Thesis"],"thesis:degree_name":["M.S."]},"updated_at":"2026-07-24T05:29:08Z"}