[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_slider admin_label=”Slider” saved_tabs=”all” show_arrows=”on” show_pagination=”on” auto=”on” auto_speed=”1000″ auto_ignore_hover=”off” parallax=”off” parallax_method=”off” remove_inner_shadow=”off” background_position=”default” background_size=”default” hide_content_on_mobile=”off” hide_cta_on_mobile=”off” show_image_video_mobile=”off” custom_button=”off” button_letter_spacing=”0″ button_use_icon=”default” button_icon_placement=”right” button_on_hover=”on” button_letter_spacing_hover=”0″] [et_pb_slide heading=”NEW: Bipartisan NMTC Extension Legislation Introduced” button_text=”Learn more…” button_link=”https://nmtccoalition.org/extension-bills/” background_image=”https://nmtccoalition.org/wp-content/uploads/extensionbills.jpg” background_position=”default” background_size=”default” background_color=”#ffffff” use_bg_overlay=”off” use_text_overlay=”off” alignment=”center” background_layout=”dark” allow_player_pause=”off” text_border_radius=”3″ header_font_select=”default” header_font=”||||” body_font_select=”default” body_font=”||||” custom_button=”off” button_font_select=”default” button_font=”||||” button_use_icon=”default” button_icon_placement=”right” button_on_hover=”on”][/et_pb_slide] [/et_pb_slider][/et_pb_column][/et_pb_row][et_pb_row admin_label=”Row”][et_pb_column type=”1_2″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

About the New Markets Tax Credit

The New Markets Tax Credit (NMTC) was originally authorized in 2000 as part of a bipartisan collaboration between a Democratic President and Republican Congress. The idea behind the NMTC is that there are good business opportunities in urban and rural low-income communities, but the cost and availability of capital in these “New Markets” is an impediment to economic growth. NMTC employs a modest federal subsidy to stimulate private sector investment in these communities through a delivery system of private for-profit and nonprofit entities that provides patient, flexible capital to businesses and projects. [button link=”https://nmtccoalition.org/fact-sheet/”]Learn more[/button] [/et_pb_text][/et_pb_column][et_pb_column type=”1_2″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

The Latest News

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Video Vault

Browse our video vault, featuring case studies, congressional testimony, hearings, and events. [/et_pb_text][/et_pb_column][et_pb_column type=”1_3″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

State Fact Sheets

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Looking to Participate?

Do you have a great project in a low income community that is in need of NMTC allocation? We recommend first watching our “How It Works” video (below). The next step is to check the CDFI Fund’s mapping site to see if your project is in an eligible census tract. Finally, check to see which Community Development Entities serving your area have remaining NMTC allocation. [/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row admin_label=”Row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

How the NMTC Works

[/et_pb_text][et_pb_video admin_label=”Video” saved_tabs=”all” src=”https://www.youtube.com/watch?v=E9EXlTaOtV0″] [/et_pb_video][et_pb_text admin_label=”Text” saved_tabs=”all” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”] Browse our NMTC project map to learn more about how the NMTC is creating jobs and driving investment to all 50 states. [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]