Recent NMTC News

New Markets Tax Credit Coalition

From the Blog

NMTC Impact Since 2003:

$ 0 billion
in investment in distressed communities
0 +
jobs generated in areas of high poverty and unemployment

Research, Data, and More

About the NMTC

The NMTC is a low-cost tax incentive which delivers billions to low-income communities.

Research and Reports

Reports, case studies, and annual surveys of NMTC activity.

Case Study Database

NMTC success stories organizated by state, congressional district, project type, and more.

State NMTC Profiles and Fact Sheets

State-level data and NMTC stories from across the country.

NMTC by Congressional District​

Congressional district-level data and stories from across the country.​

How the New Markets Tax Credit Works

Our video gives you the 101 on how the NMTC program works.


Our organization has participated in three NMTC projects with SmithNMTC, all transformational towards the growth of the mission and sustainability. Habitat continues to serve record numbers year after year, in large part due to the engagement of Smith. This results in an increased tax base, employment opportunities, and community revitalization/stability.

-Mike Sutton, Habitat for Humanity of Pinellas County, Inc., Clearwater, Florida

The NMTC provides critical, flexible funding for economic development projects that help stabilize and revitalize lower-income communities. It is a unique capital source that advances projects that otherwise could not be pursued.

-Calvin Vinal, President & CEO, Capital For Change, Wallingford, Connecticut