- NMTC investments have generated over 744,000 jobs, at a cost of less than $20,000 per job.
- Between 2003 and 2012, more than 1,200 NMTC projects involved community amenities like healthcare facilities, schools, nonprofit service providers, and daycare centers.
- More than 72 percent of all NMTC investments have been in communities exhibiting severe economic distress, including unemployment rates at least 1.5 times the national average, a poverty rate of 30 percent or more, or a median income at or below 60 percent of the area median.
- The NMTC pays for itself. For example, in 2012, the NMTC produced $15.2 billion in economic activity, and this activity generated $984 million in federal tax revenue, more than enough cover the $800 million annual cost of the program in 2012.
Browse our video vault, featuring case studies, Congressional testimony, hearings, and events.
Browse our NMTC Project Map, which includes stories and jobs data for NMTC projects in all fifty states and the District of Columbia.
How It Works
Our new video describes how the NMTC delivers capital to businesses and important projects in low income communities: