Coalition Releases 2017 New Markets Tax Credit (NMTC) Progress Report

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Report highlights NMTC project data from 2016, including 28 healthcare facilities, 26 manufacturers, 15 schools, 14 facilities for youth and families, and 11 incubators WASHINGTON, June 7, 2017 -- The New Markets Tax Credit Coalition today released its 2017 New Markets Tax Credit (NMTC) Progress Report the thirteenth edition of the report—providing a survey of NMTC activities in 2016. As in the past, the report documents the flexibility and impact of the NMTC in meeting the needs of the distressed communities where it is deployed and helping to create jobs and grow business opportunities, from more traditional industry and community sectors to new and cutting-edge technology. Projects which benefitted from the Credit in the past year include rural and urban incubators, small business loan funds, main street tourism, health clinics,…
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New Report: NMTC: At Work in Communities Across America

New Report: NMTC: At Work in Communities Across America

Blog, Case Studies, Featured, Latest News, Publications, Uncategorized
Today, the NMTC Coalition is excited to release a new report showcasing NMTC success stories from every state and the District of Columbia. These profiles from each state show the flexibility of the NMTC and demonstrate its ability to drive and leverage capital in investment-starved communities, creating economic opportunities and jobs in our country’s poorest rural communities and urban neighborhoods. Every four years, the Coalition releases this report, which serves as an important tool for educating new Administrations and new Members of Congress. The 2016 edition of the NMTC at Work report features 89 NMTC projects, ranging from rural to urban, from grocery stores, health care centers and community centers to manufacturing businesses and charter schools, as well as many other important projects identified by community leaders. These profiles from…
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NMTC Economic Impact Report

NMTC Economic Impact Report

Publications
The NMTC Coalition recently released the NMTC Economic Impact Study (December, 2012). Our findings show that the NMTC has created 500,000 jobs and generated a significant return to the federal government in terms of tax revenue generated. Download the report.
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NMTC 2012 Progress Report

NMTC 2012 Progress Report

Publications
[caption id="attachment_1826" align="alignright" width="300"] Download the NMTC 2012 Progress Report[/caption]This 2012 NMTC Progress Report was prepared by the New Markets Tax Credit Coalition, a national membership organization of Community Development Entities (CDEs) and investors organized to advocate on behalf of the New Markets Tax Credit (NMTC). This is the Coalition’s eighth annual NMTC Progress Report and like previous reports is designed to inform policymakers and practitioners on the success of the New Markets Tax Credit in spurring revitalization in urban and rural communities across America. To accomplish this, there are two sections to this report. The first section highlights findings from the Coalition’s annual survey of CDEs with NMTC allocations. The survey collected data from CDEs on their progress raising capital and making loans and investments in calendar year 2011.…
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