New Markets Tax Credit Coalition

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Job Creation

CDEs created 58,360 jobs in 2018, including 32,917 full-time-equivalent jobs and 25,443 temporary construction jobs. The table below shows jobs by industry and geography.

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Rural Examples

Simply Essentials

Charles City, IA

Created 500 new jobs at a modernized poultry processing plant

Unity Care Northwest

Ferndale, WA

Supported 232 jobs and created 88 construction jobs at an FQHC providing primary medical, dental, behavioral health in Northwest Washington

Klausner Lumber

Enfield, North Carolina

Construction of a new state of the art sawmill facility supported 350 FTE jobs and 746 construction jobs in Enfield, NC.

Vidalia Denim

Vidalia, Louisiana

Financing for new equipment created 330 new jobs at a startup denim manufacturer in Vidalia, LA

Urban Examples

Horizons WaterMark Center

Construction of a social service hub for Boston children, youth, and families created and retained 450 jobs.

Evergreen Health

Supported 729 FTE jobs and 225 construction jobs at an AIDS Services Organization.

Medline Industries

Auburndale, Florida

Created 327 new FTE jobs and 239 construction jobs at a medical device supplier and distributor in Auburndale, FL

Highland Baking

A new baking facility produced 170 new direct jobs in a Spartanburg neighborhood with 47% poverty and 17.4% unemployment.

More Stories:

STORIES FROM THE FIELD

VOORMI

Pagosa Springs, CO

VOORMI brings textile manufacturing jobs back to rural America.

Educare Springfield

Springfield, MA

Construction of a 26,000 square foot school building that will provide access to high quality early childhood education and care for economically disadvantaged children.

DeSoto Boys and Girls Club

Manatee County, FL

Construction of new 37,500 sq. ft. recreational facility providing services to 2,400 low-income children annually