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Projected Impact of $5B in NMTC allocation awards

Impact-Stony-Creek-Colors-550x410

Part three of a three part series on the 2022 NMTC Allocation Awards. 

Using data from the past three years in NMTC transactions, we can project the following outcomes from $5 billion in NMTC allocation awards:

Job Creation

Permanent and temporary jobs created
83,778 jobs
  • 51,610 permanent FTE jobs
  • 32,168 construction jobs
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Capital Leveraged

Financing generated by NMTC projects
$10 billion in total capital
  • 532 businesses and community development projects financed
  • Over 80 percent in severely distressed communities
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Rural Impact

About 23 percent of transactions in rural areas
19,269 jobs
  • 157 businesses and community development projects financed
  • Including 49 manufacturing businesses, 18 healthcare facilities, and more
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