New Markets Tax Credit Coalition
The Coalition’s 2026 Progress Report documents $4.83 billion in NMTC investments across the United States, with a record share reaching Native communities.
The NMTC Coalition’s annual report on the loans, investments, and community impact of the New Markets Tax Credit.
Over the past 25 years, the NMTC has become an important tool for increasing the supply of housing, especially in places where the private market is not producing enough homes on its own, where development costs are high, where rents and home prices have risen faster than local incomes, or where older buildings and disinvested commercial corridors need new investment.
The NMTC Coalition today welcomed last week’s opening of the 2026 NMTC allocation round. CDFI Fund announces $5 billion in NMTC availability for 2026 with applications due November 10.