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.

Community Health Centers, Inc.

Community Health Centers, Inc.
Project Year:
(2017)
Construction of three new facilities to help a FQHC serve more patients. Expected to increase existing patients to 18,000 with 65,000 individual existing patient visits per year. The health centers ...
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Healthy Hartford Hub

Healthy Hartford Hub
Project Year:
(2018)
A full-service grocery store catering to Hartford's North End and downtown is in the works. The city and the Hartford Community Loan Fund are planning a $23 million "Healthy Hartford ...
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Tiburcio Vasquez Health Center – Ashland Community Clinic

Tiburcio Vasquez Health Center - Ashland Community Clinic
Project Year:
(2013)
Thanks in part to NMTC financing, in 2014, Tiburcio Vasquez Health Center opened the Ashland Community Clinic, a 20,000 square foot state-of-the-art facility that houses primary medical and dental, mental ...
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Tiburcio Vasquez Health Center – Mission Street Clinic

Tiburcio Vasquez Health Center - Mission Street Clinic
Project Year:
(2009)
Tiburcio Vasquez Health Center is a federally qualified health center, with over 300 multicultural and multilingual health professionals, with extensive language capacity. NMTC financing helped them open another clinic on ...
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Food Banks and Emergency Services Providers

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

Vogel Alcove

Vogel Alcove
Project Year:
(2014)
Childcare center for homeless children: Vogel Alcove provides a broad array of therapeutic services for children who are experiencing homelessness in the Dallas | TX area. Vogel Alcove’s previous facility ...
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Tarrant Area Food Bank

Tarrant Area Food Bank
Project Year:
(2014)
Financing for an expansion of Tarrant Area Food Bank. Each year, Tarrant Area Food Bank. distributes 26,466,645 meals to people struggling with hunger ...
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CitySquare Opportunity Center

CitySquare Opportunity Center
Project Year:
(2013)
Community Center, including job training, adult literacy, and a food pantry. Includes Workforce Solutions of Greater Dallas ...
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Serve Denton Center

Serve Denton Center
Project Year:
(2019)
Renovation of a building to house community and office space for non-profit partners and new construction for a community food center. Also includes HSNT - LOOP 288, Operated by Health ...
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