TAKE ACTION: Sign on to our New Markets Tax Credit support letter

TAKE ACTION: Sign on to our New Markets Tax Credit support letter

We once again wish to stress to Congress the importance of the credit to thousands of businesses, state and local government officials, and investors. Below is a letter that urges Congress to increase the credit authority and provide a permanent extension for the New Markets Tax Credit. Please join in the effort to extend NMTC by […]

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 […]

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 […]