The NTMC: Supporting Community-Based Organizations

More than half of New Markets Tax Credit projects expand access to healthcare, social services, childcare, job training, nonprofits, and social service providers working to lift people out of poverty. Federal resources for community development have been cut by more than 80 percent since 1980, and communities increasingly count on the NMTC to support new and improved services for their most vulnerable populations.

Some recent examples:

Ferguson Empowerment Center

Newly elected Ferguson Mayor Ella Jones (then on the city counsel) and others at an event unveiling the new Ferguson Empowerment Center.

Michael McMillan, president and CEO of the Urban League’s St. Louis chapter, said the location was critical. “It was extremely important–just as important symbolically as it was programmatically,” he said. “It was the first building burned and was on the national news.”

A burned-out convenience store that was the epicenter of 2014 racial protests and riots in Ferguson, Mo., became a community-focused “empowerment center,” thanks to the work of community leaders and financial support from the new markets tax credit .

A New Community Center

The Community Center at Ferguson offers a variety of basic social services such as emergency financial, utility, and rent/mortgage assistance. Case managers provide casework and referral services, including financial planning assistance, job placement strategies, and emotional support in cases of abuse or crisis. Families are referred to as the Pathway of Hope program when the crises or barrier requires more long-term support.

Spark Academy

Spark Academy is a free 8-week program that gives third and fourth-grade students an opportunity to discover their gifts and talents in a safe place after school Monday through Thursday. Spark encourages each participant to discover their gift and can build a solid foundation to grow.

The Believe Project

The Believe Project, a partnership with the St. Louis Black Authors of Children’s Literature, is a new literacy library created to be a safe space for children to enjoy the beauty of reading and will be featured at The Salvation Army Ferguson Community Empowerment Center through the Spark Academy and Ignite programs. The project’s vision is to ensure that “all children become confident and competent readers by the end of third grade” – focusing especially on books written by black authors and/or for black children’s audiences.


Federally Qualified Health Centers

NMTC-financing made nearly 400 FQHCs possible, expanding healthcare access for millions of low-income people.

McAllen VA Outpatient Clinic

McAllen VA Outpatient Clinic
Project Year:
(2013)
NMTC financing supported the construction of a new primary care service center for veterans in the McAllen area. In addition to primary care, this clinic has primary care, behavioral health, ...
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Calumet Family Health Center

Calumet Family Health Center
Project Year:
(2016)
FQHC in rural Calumet, MI, providing exceptional medical, dental and behavioral health care ...
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Wellspring Resources

Wellspring Resources
Project Year:
(2009)
The woman-operated Wellspring Resources (now Centerstone) in the medically underserved area of Alton Township is currently meeting a vital community need by providing extensive outpatient mental health services to area ...
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Community Health Centers of Pinellas

Community Health Centers of Pinellas
Project Year:
(2020)
Florida Community Loan Fund provided $17 million in NMTC financing for Community Health Centers of Pinellas to build 2 new and renovate 2 existing health clinics. The 4 Federally Qualified ...
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Food Banks and Emergency Services Providers

The NMTC has financed nearly 200 homeless shelters and community food pantries.

Lotus Village

Lotus Village
Project Year:
(2016)
As of early 2016, Lotus House, a nonprofit homeless services provider, served over 400 women, youth, and children annually in an undersized, functionally obsolete, and aging facility. Because of the ...
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Three Square

Three Square
Project Year:
(2020)
Three Square food bank now has three locations as part of its mission of helping those who are hungry and food insecure. Southern Nevada’s only food bank officially opened its ...
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Waterfront Rescue Mission

Waterfront Rescue Mission
Project Year:
(2017)
With a $7.5 million investment from SCC, the Waterfront Rescue Mission undertook a major expansion project. The Mission is a provider of housing and social services for the homeless. The ...
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