Senate Finance Committee Includes Two-Year Extension of NMTC in Tax Extenders Markup
On Thursday, August 2, 2012, the Senate Finance Committee marked up a tax extenders bill. The bill is the product of a compro…
Representatives Chabot (R-OH) and Stivers (R-OH) Collecting Signatures on NMTC Extension Letter
House Freshmen Republicans Reps. Stivers (R-OH) and Chabot (R-OH) are inviting other House Republican Freshmen to sign on to…
Toolkit for In-District Advocacy
When it comes to influencing Congress, the most successful advocates are those who have made a conscious decision to build an…
Highlights from Hearing on Tax Extenders
Highlight reel from the last Friday’s House Ways and Means Committee, Select Revenue Subcommittee hearing on the tax extender…
NMTC 2012 Progress Report
The New Markets Tax Credit Coalition releases an annual Progress Report where we report on the results of our Annual Survey of CDEs.
New Report Report on New Markets Tax Credit
The Coalition’s New Markets Tax Credit 2012 Progress Report shows how the credit has injected billions of dollars into low-income communities and created manufacturing jobs in areas with high unemployment.
About the Coalition
The New Markets Tax Credit (NMTC) Coalition is a national membership organization founded in 1998 to advocate on behalf of the NMTC program. The Coalition now includes more than 150 members.
Brockton Neighborhood Health Center
Learn about Reznick Reznick Group’s role in the NMTC financing of this low-income community health center. In addition to ser…
The Top Ten Things You Should Know about the New Markets Tax Credit
Between 2003 and 2012, investments in NMTC businesses totaled $63 billion, of which 50% was generated from sources other than…
Coalition Testimony
2017: NMTC Coalition Testimony – 7-17-2017 2016: Statement of the NMTC Coalition – Subcommittee on Tax Policy,&nbs…
Highlights from Select Revenue Hearing on Tax Extenders
Reps. Pat Tiberi (R-OH), Jim Gerlach (R-PA), Erik Paulsen (R-MN), Richard Neal (D-MA), Jim Costa (D-CA), and John Larson (D-C…
New Markets Helps Finance Dental Clinic for Uninsured and Underinsured
In Cedar Rapids, Iowa, the New Markets Tax Credit helped finance a new dental clinic at His Hands Free Medical Clinic ….
NMTC supports innovative manufacturing project in Tallahassee, FL
The New Markets Tax Credit continues to serve as an effective tool to create manufacturing jobs. Last year, thanks to $12.5 m…
Neal extols the virtues of NMTC at the small business markup
Camp and Tiberi plan review of tax extenders in April
Reps. Tiberi (R-OH) and Camp (R-MI) plan to hold a hearing to review individual tax extenders (including the New Markets Tax…
NMTC Morning Update – Senate Colloquy on the Tax Extenders
Yesterday, Senators Reid (D-NV), McConnell (R-KY), and Baucus (D-MT) engaged in a colloquy on the Senate floor where they exp…
NMTC Morning Update – Extension amendment, CDFI Fund updates, and more
Today, the Senate will vote on an amendment to the surface transportation bill (S. 1813) that includes an extension of the NM…
NMTC creates manufacturing jobs
With recent job creation driven by gains in manufacturing, policymakers have focused anew on revitalizing American manufactur…
Submit a case study
Use this form to submit a NMTC case study from the 2011 calendar year. Your submission could appear in the 2012 NMTC Progress…
Response to recent Forbes article
In Doug Guthrie’s recent Forbes column on the LITHTC, For the 21st Century, a Network of Beneficial Philanthropy and Corporat…
About the Credit
The New Markets Tax Credit program (NMTC) is a cost-effective way to create jobs and drive investment in communities with high rates of poverty and unemployment.
Broad Support for the New Markets Tax Credit
Over one thousand businesses, coalitions, nonprofits, developers, financial institutions, local governments, and other stakeholders signed a letter to Congress in support of the New Markets Tax Credit
Congressman Neal praises NMTC on House floor
Congressman Richard E. Neal Praises New Markets Tax Credits Accomplishments in Western, MA on the House Floor on Thursday, Fe…
Co-Sponsors
Click to find the latest House and Senate co-sponsors of The NMTC Extension Act of 2011…
New Markets Tax Credit and Construction Jobs
Find out the facts on how NMTC investments have been particularly effective in creating construction jobs in economically distressed communities.
How CA FreshWorks Fund Impacts CRE
How CA FreshWorks Fund Impacts CRE…
Sign on to NMTC Business Support Letter
As of today, 203 businesses, representing 44 states and DC, have signed the Coalition’s letter urging Congress to suppo…
Agro Farm awarded $18 million in tax credits for expansion
Chenango County yogurt maker getting $18M in state help…
NMTC Coalition Launches Effort to Gain Support of QALICBs
The NMTC Coalition is now circulating a letter of support for the NMTC program
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NMTC Success in Maine
Keep capital flowing to firms in tough times: Now more than ever, Maine needs the private investment fostered by New Markets…
NMTC Helps Expand Social Service Center in NY
LIIF used New Markets Tax Credits to help Part of the Solution (POTS) build a new, larger facility in the Bronx. POTS provide…
Statement from New Markets Tax Credit Coalition President, Annie Donovan, on the introduction of the Senate’s New Market Tax Credit Extension Act of 2011
“The New Markets Tax Credit remains one of the most cost effective ways to create jobs and drive investment in areas with high rates of poverty and unemployment. This bill would extend this important economic-development program for another five years and increase the annual allocation authority to $5 billion, …
Call Your Senators Today and Ask them to Co-Sponsor New Markets Tax Credit Extension Act of 2011
Senator Jay Rockefeller (D-VW) and Senator Olympia Snowe (R-ME) will introduce the New Markets Tax Credit Extension Act of 20…