Chairman Richard Neal (D-MA) to Speak at NMTC Coalition Annual Conference
December 2, 2020
Ways and Means Committee Chairman Richard Neal will join us for a virtual breakfast event.
Our latest annual report on the impact of the New Markets Tax Credit
The New Markets Tax Credit (NMTC) is a shallow, low-cost tax incentive which delivers billions of dollars annually to low-income communities with high unemployment and poverty. The credit finances everything from hospitals to manufacturing facilities to rural broadband expansions.
Ways and Means Committee Chairman Richard Neal will join us for a virtual breakfast event.
Today, the CDFI Fund opened the 2020 NMTC allocation round. The Fund will award $5 billion in allocation, up from $3.5 billion in 2019.
Despite the unprecedented challenges posed by the pandemic, NMTC projects are moving forward in 2020 when they’re arguably needed most. We’ve pulled together a collection of 2020 projects for you to browse:
