NMTC Coalition Releases 2020 NMTC Progress Report
Our latest annual report on the New Markets Tax Credit
NMTC projects often serve an entire region. For example, a hospital provides services to people throughout a city. The hospital hires workers from the surrounding community, which can include multiple Congressional districts. With this in mind, it made sense to expand the list of projects on our Congressional District pages to also include projects nearby…
Yesterday, Reps. Karen Bass (D-CA), Tony Cardenas (D-CA), Sanford Bishop (D-GA), Mike Simpson (R-ID), Fred Upton (R-MI), Anthony Gonzalez (R-OH), Ann Kuster (D-NH), and Peter Welch (D-VT) all agreed to cosponsor the NMTC Extension Act of 2021. This brings the cosponsor list to 79 members of the House (plus Rep. Terri Sewell, the lead sponsor).Below…
With the 2021 NMTC Coalition Policy Conference now in the rear mirror, please head to our events page for a full wrap-up of the conference including videos from presentations, PPTs, and social media highlights. You can also download the NMTC Coalition’s 2021 Progress Report below: Conference Wrap-up https://nmtccoalition.org/events Progress Report https://nmtccoalition.org/progress-report You can also find…
The NMTC Funded 272 Projects and more than 45,000 Jobs Across the U.S. in 2020
Over the past week, SIX(!) Florida Representatives have signed on to the NMTC Extension Act of 2021. They include Representatives Kathy Castor (D-FL), Charlie Crist (D-FL), Mario Diaz-Balart (R-FL), Stephanie Murphy (D-FL), Frederica Wilson (D-FL), and Gus Bilirakis (R-FL) all cosponsored. Success Stories from their Districts Rep. Castor Rep. Crist Rep. Diaz-Balart Rep. Murphy Rep….
Latest Cosponsors of H.R. 1680
Latest Cosponsors of S. 750
State Fact Sheets and Stories
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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.