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 […]
Chenango County yogurt maker getting $18M in state help
The NMTC Coalition is now circulating a letter of support for the NMTC program
Contact your Senators Today!
Keep capital flowing to firms in tough times: Now more than ever, Maine needs the private investment fostered by New Markets Tax Credits.
LIIF used New Markets Tax Credits to help Part of the Solution (POTS) build a new, larger facility in the Bronx. POTS provides free meals and services to 10,000 low income residents annually. Read more here.
“The New Markets Tax Credit remains one of the most cost effective ways to create jobs and drive investment in areas with high rates of poverty and unemployment. This bill would extend this important economic-development program for another five years and increase the annual allocation authority to $5 billion, …
Senator Jay Rockefeller (D-VW) and Senator Olympia Snowe (R-ME) will introduce the New Markets Tax Credit Extension Act of 2011 this week. The New Markets Tax Credit Extension Act of 2011 would extend the New markets Tax Credit (NMTC) for 5 years and provide $5 billion in annual allocation authority. In addition, the bill would […]