The NMTC: An Important Financing Tool for YMCA and YWCAs

The YMCA is the leading nonprofit committed to strengthening individuals and communities across the country. The Y connects people with opportunities to improve your health, support young people, make new friends and contribute to a stronger, more cohesive community for all.

YWCA USA’s mission is to eliminate racism, empower women, stand up for social justice, help families, and strengthen communities. The YWCA is also one of the oldest and largest women’s organizations in the nation, serving over 2 million women, girls, and their families.

Over the past two decades, the New Markets Tax Credit (NMTC) has delivered nearly $1.6 billion in financing to 80 YMCAs and YWCAs, expanding recreation and health options in low-income communities across the country.

Please take a moment to sign our letter of support for the NMTC using the link to the right.

YMCA/YWCA Stories

2005

Albany, NY

The three-part project involved the construction of 100 HOPE VI units, the renovation of a K-8 school and the…
2021

Pittsfield, MA

The $12 million overhaul of a historic site that has called North Street home for over a hundred years…
2019

Baltimore, MD

SunTrust Community Capital and Harbor Bankshares Corp. provided a total of $19.8M in financing for Village Center at Stadium…
2012

Zachary, LA

The Americana YMCA project was the construction of a 26,000 sq. ft. community facility, with expansion capability of another…
2016

Youngstown, OH

The Youngstown YMCA renovated nearly 20,000 square feet of its 100 year old downtown Central YMCA creating modified spaces…