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Treasury Awards $10 Billion in NMTC Allocation
On December 23, 2025, the Department of Treasury awarded $10 Billion in NMTC Allocation
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New Markets Tax Credit Permanence
On July 3, 2025, President Trump signed a permanent extension of the New Markets Tax Credit!
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Latest Report
Read our annual Progress Report on NMTC projects closed in 2024.
Read the report...
Recent NMTC News
Historic Parkside District Commercial Space in Birmingham, Ala, to be Redeveloped Through NMTC
January 12, 2026
Chairman Griffith Celebrates Stuart Community Hospital Reopening
January 5, 2026
Treasury Awards $10 billion in NMTC Allocation
December 23, 2025
The Innovate Fund Announces $7M New Markets Tax Credits Investment in Edenton, NC
December 18, 2025
Financial Services Clears Housing for the 21st Century Act, Includes PWI Cap Increase
December 17, 2025
Unlocking Homeownership: NMTC Strategies for For-Sale Housing
December 9, 2025
A CDE’s Perspective – Preparation & Common Pitfalls
December 3, 2025
Spokane-area developments leave federal funds on the table
December 3, 2025
From the Blog
Looking Back on the Origins of the NMTC
With the NMTC now permanent, take a trip down memory lane.
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New Markets Tax Credit Receives Permanent Extension in Spending Bill
The NMTC received a permanent extension in H.R.1, ensuring long-term investment in underserved communities. The credit has spurred $143B in investment and 1.2M jobs since 2000.
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Senate Finance Committee Proposes Permanent Extension of the NMTC
On Monday, June 16, 2025, the Senate Finance Committee included a permanent extension of the NMTC within President Trump’s One Big Beautiful Bill.
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New Markets Tax Credit Impact Since 2003:
in investment in distressed communities
$
0
billion
direct, permanent FTE jobs and temporary construction jobs generated in areas of high poverty and unemployment
0
health centers, nonprofits, and community facilities constructed or improved
0
expansions in urban and rural areas
0
manufacturing
Research, Data, and More
About the NMTC
The NMTC is a low-cost tax incentive which delivers billions to low-income communities.
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About
Research and Reports
Reports, case studies, and annual surveys of NMTC activity.
Browse Reports
Research
Case Study Database
NMTC success stories organizated by state, congressional district, project type, and more.
Case Study Database
Projects
State NMTC Profiles and Fact Sheets
State-level data and NMTC stories from across the country.
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NMTC by Congressional District
Congressional district-level data and stories from across the country.
District Stories...
How the New Markets Tax Credit Works
Our video gives you the 101 on how the NMTC program works.
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