NMTC Alignment with the American Jobs Plan

The AJP envisions several promising new programs and initiatives for financing housing, invigorating our clean energy economy, and replacing our electric grid, among other ideas. Many of the goals and priorities in the plan align well existing federal initiatives – in particular the NMTC

The NMTC and Vaccine Distribution

Did you know that the New Markets Tax Credit plays a small role in vaccine distribution? The connection isn’t obvious but as you will see, the NMTC plays a role in strengthening several sectors of the economy that will be incredibly important in delivering vaccines to each and every American, no matter their economic status. […]

New Fact Sheet for NMTC Extension Act

We’ve created a new fact sheet for the NMTC Extension Act of 2021. As you reach out to Congressional offices and ask them to cosponsor, feel free to link to this.

Black History Month

February is black history month, so we thought we would highlight a few NMTC projects that commemorate the Civil Rights Movement.

Recent NMTC Project Round-up

Our occasional round-up of NMTC closings: NCB partners with Wright-Patt CU to provide $16 million to Five Rivers Health Centers’ new facility Dayton, OH National Cooperative Bank (NCB) along with Wright-Patt Credit Union, (WPCU) recently closed a $16 million loan to support a $31.6 million New Markets Tax Credit (NMTC) financing package for the development […]

New Markets Tax Credit Receives Five-Year, $5 Billion Extension

The United States Capitol. Washington, D.C.

Spending Bill Includes Largest Extension in Program’s History Contact: Ayrianne Parks, [email protected], (202) 393-5225 WASHINGTON, D.C. (December 22, 2020) – The Consolidated Appropriations Act of 2020,  passed by the House and Senate and expected to be signed by the President includes a five-year, $25 billion annual extension of the New Markets Tax Credit (NMTC), the […]