Heartland was featured in Arkansas Business this week. The article highlights the success of Heartland and the hard work and dedication of its team. The New Markets Tax Credit application process is very competitive yet Heartland received $185 million in tax credits between 2008 and 2011.
Heartland is the entity of ACCG that applies for tax credits offered through the U.S. Treasury Department’s New Markets Tax Credit Program. The tax credits are designed to encourage private investment in distressed areas by giving investors a 39 percent break on their taxes over a seven-year period, said Leslie Lane, the senior vice president of the ACCG.