About the NMTC
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.
The NMTC expires on December 31, 2019. New bipartisan legislation to extend the NMTC has been introduced in the House (H.R. 1680) and Senate (S. 750).
State Fact Sheets and Stories
Project MapBrowse our NMTC project map to learn more about how the NMTC is creating jobs and driving investment to all 50 states.
Have a Project?
Do you have a great project in a low income community that is in need of NMTC allocation? We recommend first watching our “How It Works” video.
The next step is to check the CDFI Fund’s mapping site to see if your project is in an eligible census tract.
Finally, check to see which Community Development Entities serving your area have remaining NMTC allocation.