CDFI Fund Awards $5 Billion in NMTC Allocation

107 organizations from across the country were awarded NMTC allocation to deploy in low-income communities.

2022 NMTC Progress Report

Our annual report on NMTC transactions from 2021.

The Case for NMTC Permanence

Tell Congress to make the New Markets Tax Credit a permanent part of the tax code.

New Markets Tax Credit Success Stories

Learn how the NMTC brings jobs, investment, new facilities, and opportunity to low-income communities.

Success Stories...

New Markets Tax Credit Coalition

Recent NMTC News

Sunflower Development Group hired by $16 billion Credit Union to support its efforts to participate in the NMTC Program

November 9, 2022

New Main Avenue Lofts to open in Downtown Twin Falls

November 6, 2022

Treasury Announces $5 Billion in New Markets Tax Credit Awards to Revitalize Low-Income and Distressed Communities

October 28, 2022

Personal View: Make the New Markets Tax Credit program permanent

October 28, 2022

Reps. Sewell (D-AL) and Kelly (R-PA) Circulating Sign-on Letter Calling for Permanent NMTC Extension

Letter to leadership calls for the inclusion of the NMTC

December 1, 2022

NMTC Coalition Annual Conference Opens today

CDEs and investors from across the country are coming to

November 30, 2022

NMTC impact since 2003:

$ 0 billion

in investment in distressed communities

0 +

jobs generated in areas of high poverty and unemployment

About the NMTC

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

About

Research and Reports

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

Research

Case Study Database

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

Case Study Database

Projects

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.

District Stories...

How the New Markets Tax Credit Works

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

I am working on a capital project and with NMTC I will be able to safeguard funds that allow me to provide ongoing operational services for individuals facing a variety of barriers to care. NMTC are a critical piece in the ability of Health Centers to grow and thus serve more US residents facing barriers to care.

-Lori Wright, CEO, Southwest Utah Community Health Center, St George

The NMTC means access to investment capital that is needed to develop financially viable projects in poor communities and helps to stimulate local economies.

-Richard Brannan, Chief Executive Office, Wind River Family & Community Health Care, Riverton, Wyoming