Eight members of Congress signed on as cosponsors of the NMTC Extension Act of 2021 (H.R. 1321) over the past week.
- Rep. Steube, W. Gregory [R-FL-17]
- Rep. Gibbs, Bob [R-OH-7]
- Rep. Womack, Steve [R-AR-3]
- Rep. Gimenez, Carlos A. [R-FL-26]
- Rep. Craig, Angie [D-MN-2]
- Rep. Deutch, Theodore E. [D-FL-22]
- Rep. Mast, Brian J. [R-FL-18]
- Rep. Posey, Bill [R-FL-8]
Below are some examples of projects from their districts:
Steve Womack (R-AR)
Project example:
VinTech Nano Materials ()
- Business Development, Manufacturing, Tech Manufacturing
- CDEs: Advantage Capital
Vintech Nano Materials produces lubricants, coatings, and cutting tools using proprietary nanoscale additives that increase production rates and part quality while reducing setup times and costs. The company received NMTC
Ted Deutch (D-FL)
Project example:
Carlos Gimenez (R-FL)
Project example:
Camillus House 2 (2015)
Miami, FL
- Adult Education, Behavioral Health, College or Vocational Training, Community, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Homeless Shelter, Shelters and Community Food
- CDEs: Citibank, Urban Action Community Development
A full-service center offering a comprehensive system of care for the over 4,000 homeless individuals in Miami-Dade County.
Brian Mast (R-FL)
Project example:
Peace River Center (2015)
Lakeland, FL
- Addiction Treatment, Adult Daycare, Behavioral Health, Community, Healthcare, Hospitals and Emergency Services, Nursing Homes and Hospice
- CDEs: Community Hospitality Healthcare Services
The construction of a new 14,000 sq. ft. comprehensive behavioral health emergency room.
Bill Posey (R-FL)
Project example:
Indian River County Habitat for Humanity (2010)
Vero Beach, FL
- Adult Education, Affordable Housing, College or Vocational Training, Community, Habitat for Humanity, Housing, Indian Country
- CDEs: Stonehenge Community Development
Smith NMTC and Stonehenge partnered to provided $6 million in NMTC financing to Indian River County Habitat for Humanity, an organization founded to help ensure everyone has a place to
Greg Steube [R-FL]
Project example:
Angie Craig (D-MN)
Project example:
Navy Island Inc. (2019)
West Saint Paul, MN
- Business Development, Manufacturing
- CDEs: University Financial Corp.
Navy Island constructed a 92,000 sq. ft manufacturing facility and upgraded its woodworking equipment.
Bob Gibbs (R-OH)
Project example:
E-Pak Manufacturing (2017)
Wooster, OH
- Auto Manufacturing, Business Development, Manufacturing, Rural
- CDEs: Community Development Venture Capital Alliance
NMTC financing supported a loan to trailor manufacturing business in Wooster, OH.
