Today, the Senate will vote on an amendment to the surface transportation bill (S. 1813) that includes an extension of the NMTC. Senator Pat Roberts (R-KS) is offering the amendment, which renews many of the tax provisions that expired in 2011 including the NMTC, the R&D credit, and state and local sales tax deductions. It […]
Use this form to submit a NMTC case study from the 2011 calendar year. Your submission could appear in the 2012 NMTC Progress Report. If you have any problems submitting the form, contact Paul Anderson directly. To see some examples of past case studies, see pages 19-22 of last year’s Progress Report. [contact-form-7 id=”1249″ title=”Contact form […]
By Bob Rapoza In Doug Guthrie’s recent Forbes column on the LITHTC, For the 21st Century, a Network of Beneficial Philanthropy and Corporate Citizenship he mentions in passing that the New Markets Tax Credit (NMTC) has “failed to stimulate growth in the areas [it] have targeted.” Those conclusions are at odds with the facts. Since […]
The New Markets Tax Credit program (NMTC) is a cost-effective way to create jobs and drive investment in communities with high rates of poverty and unemployment.
Over one thousand businesses, coalitions, nonprofits, developers, financial institutions, local governments, and other stakeholders signed a letter to Congress in support of the New Markets Tax Credit
Congressman Richard E. Neal Praises New Markets Tax Credits Accomplishments in Western, MA on the House Floor on Thursday, February 2, 2012.
Click to find the latest House and Senate co-sponsors of The NMTC Extension Act of 2011
Find out the facts on how NMTC investments have been particularly effective in creating construction jobs in economically distressed communities.
How CA FreshWorks Fund Impacts CRE
As of today, 203 businesses, representing 44 states and DC, have signed the Coalition’s letter urging Congress to support the New Markets Extension Act of 2011. While this is a good start we know that well over 3,000 businesses have benefitted from NMTC financing and the Coalition needs your help in getting these businesses to […]