New Markets Tax Credit Coalition

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→Now Permanent

Driving private capital
to communities that
need it most.

On July 4, 2025, the New Markets Tax Credit was signed into permanent law
— securing a lasting source of capital for underinvested communities nationwide.

2026 NMTC Progress Report

NMTC INvestments were located all over the country in 2025

New Markets Tax Credit Impact Since 2003:

in investment in distressed communities
$ 0 billion
direct, permanent FTE jobs and temporary construction jobs generated in areas of high poverty and unemployment
0
health centers, nonprofits, and community facilities constructed or improved
0
expansions in urban and rural areas
0 manufacturing

"Investors, businesses, and communities now have the long-term certainty they need to plan ahead."

-Treasury Secretary Scott Bessent

$91 Billion

in allocation authority awarded to date

>8,5000

businesses financed across the country since 2000