Recent NMTC Projects – January 2019 Update

Recent NMTC Projects – January 2019 Update

Below are a few NMTC projects closing or holding a ribbon cutting over the last few weeks. The HWH Group, a full-service engineering, construction and consulting firm that provides finance, community development opportunities, site selection and a specialized New Markets Tax Credit incentives group, announced that American SpiralWeld Pipe Company is breaking ground on a […]

Lawmakers, Community Development Leaders Gather in Washington, D.C. to Discuss Tax Policy Trends and Plans for 2019

Coalition gathers NMTC stakeholders for a policy conference, releases new state statistics WASHINGTON, D.C. (December 18, 2018) — The New Markets Tax Credit (NMTC) Coalition held its Annual Conference on December 12 and 13 in Washington, D.C. The event featured members of Congress as keynote speakers, and panels on timely community development matters. Attendees were […]

Thirty-four Members of the House Call for NMTC Extension During Lame Duck Session

Today, in a letter to the Ways and Means Committee, a bipartisan group of thirty-four members of the House of Representatives called for a New Markets Tax Credit extension during the Lame Duck session. The off-committee letter, which was lead by Representatives Steve Stivers (R-OH) and Jose Serrano (D-NY), calls for a permanent extension of […]

Let’s Ensure #InternetDay Keeps Getting People Connected

Post authored by NMTC Coalition Board Member Phil Glynn of Travois. Social media has given rise to many so-called “hashtag holidays” that spring up on Twitter, Facebook and Instagram each morning as we surf on our smartphones for news and updates from our friends. #NationalPizzaDay, #NationalSiblingsDay, #NoDirtyDishesDay. Many are entertaining, some are thought-provoking. Few, however, […]

Stivers (R-OH) and Serrano (D-NY) Circulate Dear Colleague Calling for NMTC Permanence in 2018

Stivers (R-OH) and Serrano (D-NY) Circulate Dear Colleague Calling for NMTC Permanence in 2018

Letter is open through November 9th. UPDATE: The deadline has been extended to November 16th. Congress may take up tax extenders during the Lame Duck session after the election, and an NMTC extension may be in play. To help build momentum for an extension, this afternoon two of our Congressional champions – Congressmen Steve Stivers […]

New Paper on Early Aughts Community Development Efforts in Baltimore

New Paper on Early Aughts Community Development Efforts in Baltimore

The Richmond Federal Reserve is out with a new paper on the community development efforts in East Baltimore in the early aughts. The paper looks at how East Baltimore’s revitalization was supported by cross-sector collaboration and the right tools – in this case, the NMTC, LIHTC, and workforce development grants. Excerpt: Community development investment in […]