YMCAs & YWCAs: Tell Congress to Preserve the New Markets Tax Credit

The New Markets Tax Credit expires at the end of 2019. Without an extension, our hardest hit communities will lose one of the largest sources of financing for community facilities, healthcare clinics, and recreational facilities like YMCAs and YWCAs.

Please take a few seconds to sign your organization on to the NMTC Coalition’s letter to Congress calling for a permanent extension and expansion of the NMTC!

Statistics on YMCA/YWCA Financing

  • Through 2018, the NMTC financed the construction or expansion of 61 YMCAs and YWCAs in 28 states.
  • The NMTC has delivered $1.24 billion in financing to Ys in low-income communities.
  • NMTC-financed Ys provide services to 682,000 individuals in distressed neighborhoods.

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