Elementor #14959

NMTC Coalition Releases 2020 NMTC Progress Report

Our latest annual report on the New Markets Tax Credit

THE LATEST

NMTC Advocacy Week – Social Media Round-up

Thanks to everyone who participated in NMTC Advocacy Week on social media. Here’s a roundup of a few of the posts: https://twitter.com/NMTCCoalition/status/1393299564925489152 https://www.instagram.com/p/CO0lKV1rfUv/ https://twitter.com/AOFundTweets/status/1392188016085585921 https://twitter.com/jholdsclawiv/status/1393283640335929349 https://www.instagram.com/p/CO3eOI9DYze/ https://twitter.com/NMTCCoalition/status/1392941826055852038 https://twitter.com/DudleyVentures/status/1392893470944026624

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It’s NMTC Advocacy Week

Learn more about how you can help #MakeTheNMTCPermanent: https://nmtccoalition.org/nmtc-advocacy-week Want to participate in #NMTC Advocacy Week? Reach out to your members of Congress and urge them to #MakeTheNMTCPermanent and to expand the #NMTC to help underserved communities. We have contact information, stories, and more by Congressional District here: https://nmtccoalition.org/congressional-districts/

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Next Week is NMTC Advocacy Week

NMTC Coalition members advocate for the NMTC Extension Act of 2021, additional investment in BIPOC-owned CDEs, childcare, business incubators, clean-tech industries and investor liquidityThe w

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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.

LATEST RESEARCH

The 2019 NMTC Progress Report, the NMTC Coalition’s annual report on investments and impacts of the NMTC.

EXTENSION CAMPAIGN

The NMTC expires on December 31, 2020. Bipartisan legislation to extend the NMTC has been introduced in the House (H.R. 1680) and Senate (S. 750).

Latest Cosponsors of H.R. 1680

Latest Cosponsors of S. 750

Testimonials


State Fact Sheets and Stories

Videos

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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.

How the NMTC Works

Click to watch a tutorial