Yesterday, Reps. Karen Bass (D-CA), Tony Cardenas (D-CA), Sanford Bishop (D-GA), Mike Simpson (R-ID), Fred Upton (R-MI), Anthony Gonzalez (R-OH), Ann Kuster (D-NH), and Peter Welch (D-VT) all agreed to cosponsor the NMTC Extension Act of 2021. This brings the cosponsor list to 79 members of the House (plus Rep. Terri Sewell, the lead sponsor).
Below are some NMTC stories from the districts of these new cosponsors:
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Friends Community Housing (2010)
- Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Housing, Mixed-use, Youth and Families, Youth Program
- CDEs: Genesis LA CDE, Telesis CDE Corporation
Tony Cardenas [D-CA-29]
Los Angeles Family Housing Phase 1 (2016)
- 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: Accion Opportunity Fund
Sanford Bishop [D-GA-02]
American Peanut Growers Group, LLC (2021)
- Co-ops, Timber and Agriculture
- CDEs: Carver State Bank, Midwest Renewable Capital, National New Markets Fund, United Bank of Alabama, United Fund Advisors
Formed in 2003, American Peanut Growers Group LLC is a farmer-owned cooperative shelling plant that returns the profit over the farmer stock price directly back to the growers through distributions,
Mike Simpson [R-ID-2]
Premier Technology, Inc. (2018)
- Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural
- CDEs: Mofi
Fred Upton [R-MI-6]
Rehab of 110 South Main (2006)
- Historic Rehabilitation, Mixed-use, Restaurants and Catering, Retail and Commercial
- CDEs: Key Bank
Ann Kuster [D-NH-2]
Parker J. Noyes Redevelopment (2020)
- Adult Education, Arts, College or Vocational Training, Community, Environment, HFFI, Housing, Incubator, Manufacturing, Mixed-use, Retail, Rural
- CDEs: MHIC
Peter Welch [D-VT-At Large]
Neogen Food Safety Diagnostic Facility ()
- Science and Tech
- CDEs: Michigan Community Capital
Neogen Corporation is undertaking an approximately $110 million expansion of their Lansing food safety facility with the support of $13 million in New Markets Tax Credit (NMTC) allocation from Michigan
