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.

The Ko-Kwel Wellness Center

The Ko-Kwel Wellness Center
Project Year:
(2020)
The Ko-Kwel Wellness Center is a 22,000-square-foot building on the tribe's Kilkich Reservation near Charleston. When it opens next year, the $12 million center offers primary care, dental care, behavioral ...
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El Rio Santa Cruz Neighborhood Health Center

El Rio Santa Cruz Neighborhood Health Center
Project Year:
(2018)
The development of a new 49,000 sq. ft. community health center to expand healthcare and services to people living with HIV/AIDS and people experiencing homelessness. The Project includes a 44,000 ...
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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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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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Food Banks and Emergency Services Providers

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

Horizons WaterMark Center

Horizons WaterMark Center
Project Year:
(2018)
The project is a joint venture between Horizons for Homeless Children and WaterMark Development. The project enabled Horizons to occupy approximately 47,000 square feet of a new building, allowing it ...
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Lighthouse Sheakley Center for Youth

Lighthouse Sheakley Center for Youth
Project Year:
(2017)
The project entails the historic rehabilitation and conversion of a 61,713 sq. ft. former warehouse building into the country's first comprehensive services center for homeless youth aged 18 to 24 ...
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Catholic Charities’ St. Paul Opportunity Center

Catholic Charities' St. Paul Opportunity Center
Project Year:
(2017)
NMTC financing supported the construction of a new 60,900 sq. ft. service center targeted to very low income and homeless individuals co-located with housing designed to transition people from homelessness ...
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El Rio Santa Cruz Neighborhood Health Center

El Rio Santa Cruz Neighborhood Health Center
Project Year:
(2018)
The development of a new 49,000 sq. ft. community health center to expand healthcare and services to people living with HIV/AIDS and people experiencing homelessness. The Project includes a 44,000 ...
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