$5 Billion in NMTC Authority included in Tax Deal

Overnight, congressional negotiators reached a deal on expired tax provisions that would provide a one-year New Markets Tax Credit extension at an allocation level of $5 billion for 2020. The legislation is expected to pass the House and Senate by the end of the week.

The Coalition put together a video with our projections on the impact:

[arve url=”https://www.youtube.com/watch?v=hwzkpLadmXo” /]