awarded via 12 New Markets Tax Credit allocations
across small business, affordable housing, and community finance
We have expertise to help you leverage a variety of tax credit programs for your eligible developments.
Supporting economic development in underserved communities aligns with our core purpose.
The Federal Home Loan Bank (FHLB) Affordable Housing Program (AHP) is designed to help community partners develop affordable owner-occupied and rental housing for low and moderate income families and individuals. We can serve as the Member Bank supporting your AHP application.
The federal Low Income Housing Tax Credit (LIHTC) program supports the investment in and development of affordable rental housing for low income families and individuals across the United States.
The federal New Markets Tax Credit (NMTC) program supports economic growth in distressed communities by incentivizing private investment in community development projects and businesses.
The Small Business Investment Company (SBIC) Program uses a private equity structure to increase access to capital for small businesses in the United States. Truist Community Capital serves as an equity investor in SBIC funds.