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 […]

NMTC supports innovative manufacturing project in Tallahassee, FL

The New Markets Tax Credit continues to serve as an effective tool to create manufacturing jobs. Last year, thanks to $12.5 million in New Markets Tax Credit financing from the Florida Community Loan Fund, construction began on SolarSink, LLC’s innovative new manufacturing facility: SolarSink, LLC will produce heatsink technology and create a solar array on a […]