Stivers (R-OH) and Serrano (D-NY) Circulate Dear Colleague Calling for NMTC Permanence in 2018

Stivers (R-OH) and Serrano (D-NY) Circulate Dear Colleague Calling for NMTC Permanence in 2018

Letter is open through November 9th. UPDATE: The deadline has been extended to November 16th. Congress may take up tax extenders during the Lame Duck session after the election, and an NMTC extension may be in play. To help build momentum for an extension, this afternoon two of our Congressional champions – Congressmen Steve Stivers […]

New Paper on Early Aughts Community Development Efforts in Baltimore

New Paper on Early Aughts Community Development Efforts in Baltimore

The Richmond Federal Reserve is out with a new paper on the community development efforts in East Baltimore in the early aughts. The paper looks at how East Baltimore’s revitalization was supported by cross-sector collaboration and the right tools – in this case, the NMTC, LIHTC, and workforce development grants. Excerpt: Community development investment in […]

Coalition Releases 2018 New Markets Tax Credit (NMTC) Progress Report

Coalition Releases 2018 New Markets Tax Credit (NMTC) Progress Report

Report highlights NMTC project data from 2017, including 52 healthcare facilities, 69 manufacturers, 26 facilities for youth and families, and 23 vocational training centers WASHINGTON, D.C. (June 6, 2018) —The New Markets Tax Credit Coalition today released its 2018 New Markets Tax Credit (NMTC) Progress Report, the fourteenth edition of the report—providing a survey of […]