Reports & Case Studies
The New Markets Tax Credit (NMTC) Coalition is a national membership organization that advocates on behalf of the NMTC program. To help make the case, the Coalition regularly releases research, publications, and case studies on the Credit.
2014 NMTC Progress Report
This report is the first to measure the aggregate economic impact of NMTC investments over the course of the program.It also examines the extent to which the federal tax revenue generated by individuals and businesses benefiting from NMTC investing offsets the cost of the program to the federal government.
The NMTC Coalition released the NMTC Economic Impact Study in December of 2012. Our national findings showed that the NMTC has created 500,000 jobs and generated a significant return to the federal government in terms of tax revenue generated. We also investigated NMTC impacts for all fifty states and the District of Columbia and released fact sheets.
This report profiles businesses, projects, and communities that have received assistance through the New Markets Tax Credit (NMTC). These businesses and projects are located in some of the most economically distressed urban neighborhoods and rural communities in America. Our thanks to the community development entities, investors, businesses and others who assisted in preparing this report.
The purpose of this report is to highlight the many revitalization success stories in urban and rural communities made possible by the New Markets Tax Credit (NMTC). The New Markets Tax Credit is fostering a wave of private sector investment in economically distressed communities across America.
Each year, the NMTC Coalition releases a new report based on its annual CDE survey of NMTC activity for the previous calendar year. For example, the 2014 Progress Report is based on a survey of 2013 NMTC transactions. This report also includes a separate report on the NMTC’s impact in rural communities.