The Road to Economic Recovery

Op-Ed by José Villalobos, The Hill, – 07/19/13 10:00 AM ET Last week, Senate Finance Committee Chairman Max Baucus (D-Mont.) and House Ways and Means Committee Chairman Dave Camp (R-Mich.) officially embarked on a trip to sell tax reform, which they have dubbed the “Max and Dave Road Show.” The chairmen of the congressional tax-writing […]

Tax Reform Road Trip Makes Pit Stop at New Markets Tax Credit-Financed Business

FOR IMMEDIATE RELEASE – JULY 8, 2013 – Contact: Bob Rapoza: Chairmen Baucus and Camp Talk Tax Reform at the Baldinger Bakery in St. Paul, Minnesota  Washington, D.C. – This morning, the chairmen of the U.S. Senate and House tax-writing committees, Senator Max Baucus (D-Mont.) and Representative Dave Camp (R-Mich.) kicked off their bipartisan […]

St. Paul bakery is an example for tax incentive success

Reform should take note of incentives that strengthen distressed areas. Op-Ed by Frank Altman, President and CEO of Community Reinvestment Fund, Inc. Today, the chairmen of the U.S. Senate and U.S. House tax-writing committees — Sen. Max Baucus, D-Mont., and Rep. Dave Camp, R-Mich. — are kicking off a bipartisan summer road trip to promote […]

Senators Baucus and Tester praise NMTC-financed Mission Valley Aquatics project

Excerpt from in Missoula, MT: Montana CDC and U.S. Bank have secured $6 million in permanent financing to support the Mission Valley Aquatics community health facility. … “Supporting more than 40 jobs in Polson while building healthy community infrastructure is a win-win,” said Senator Max Baucus, who helped make New Markets Tax Credits available […]

Bipartisan Bill to Permanently Extend New Markets Tax Credit Introduced in Senate

The New Markets Tax Credit Act of 2013 Increases the Flow of Private Sector Capital to Urban and Rural Communities Contact: Bob Rapoza,, (202) 393-5225 Download PDF version of Press Release Washington, D.C. (June 11, 2013) – Today, Senators Jay Rockefeller (D-W.Va.) and Roy Blunt (R-Mo.) introduced legislation to provide a permanent extension for the New […]

Senators Rockefeller (D-WV) and Blunt (R-MO) introduce NMTC extension legislation

THIS JUST IN. Senators Jay Rockefeller (D-WV) and Roy Blunt (R-MO) have introduced legislation that would indefinitely extend the NMTC. Read Senator Blunt’s press release below. —————————————— Senators Blunt, Rockefeller Introduce Legislation To Spur Investment, Jumpstart Job Creation In Low-Income Communities WASHINGTON, D.C. – U.S. Senators Roy Blunt (Mo.) and Jay Rockefeller (W.Va.) introduced a […]

New Report Demonstrates Federal Tax Credit Program’s Ability to Stimulate Economic Development, Create Jobs in Low Income Communities

New Market Tax Credit 2013 Progress Report Provides Evidence on Effectiveness of the Credit as a Tool for Driving Capital to Areas of Economic Distress  Washington, D.C. – A report issued today by a coalition of community development organizations and financial institutions details how the New Markets Tax Credit (NMTC) transformed private sector capital into […]

Now Hiring – NTMC Helps New Company at Former Naval Air Base Hire 50 New Skilled Workers

From the Maine Public Broadcasting Network: Two years ago, a medical products company from Europe called Molnlycke Healthcare chose to locate its U.S. manufacturing headquarters in Brunswick, Maine, on the site of the former Brunswick Naval Air Station. Molnlycke is one of world’s leading makers of advanced wound-care products. It’s based Sweden but has a […]