New Markets Tax Credit Jumpstarting Rural Manufacturing

The most popular use of the NMTC in rural America is to support the manufacturing sector. NMTC financing typically goes to business expansions, new equipment and facilities, and working capital. Between 2003 and 2014, the NMTC financed 223 rural manufacturing projects totaling $4.8 billion. Below are a few of their stories: Map of Selected Rural […]

Rep. Tim Ryan (Ohio) on public private partnerships

“The reality for those of us on the ground who are doing economic development and trying to grow jobs in areas that are pretty tough areas to get investment to come into, it’s a balance of both. It’s a public-private partnership. There’s a port authority involved. But you may need some historic tax credits. You […]