New Cosponsors of the NMTC Extension Act
New cosponsors on the NTMC Extension Act of 2023
Registration Opens for 2023 NMTC Coalition Policy Conference
June 7th at the Madison Hotel in Washington, DC Today, the NMTC Coalition opened registration for its Policy Conference in Washington, DC. This will be the Coalition’s first in-person, June Policy conference since before the COVID-19 Pandemic! The conference takes place June 7, 2023, at the Madison Hotel in our nation’s capital. Early Bird Registration […]
Bill Introduced in House Calls for NMTC to Receive Permanent Extension at $5 Billion
NMTC Coalition Applauds Reps. Tenney, 25 Colleagues for Introducing Bill to Deliver Much Needed Resources to Marginalized Communities
NMTC Coalition Hails Opening of DC Central’s Kitchen Michael R. Klein Center for Jobs and Justice
New facility within the RiverPoint development allows the three-decade-old nonprofit to triple its capacity for providing healthy food and job training opportunities to the local community.
President’s Budget Includes Call for Permanent NMTC Extension
Proposal Also Provides Increase to the CDFI Fund
New Cosponsors for the NMTC Extension Act (S. 234
Senators Hyde Smith, Shaheen, Warner, and Wicker joined the call to make the NMTC permanent.
Bill Introduced in Senate Calls for NMTC to Receive Permanent Extension at $5 Billion
NMTC Coalition Applauds Sens. Cardin (D-MD) and Daines (R-MT) for Introducing Bill to Deliver Much Needed Resources to Marginalized Communities
NMTC Champion Terri Sewell (D-AL) Touts Globe Metallurgical, Inc.’s Facility in Selma
Congresswoman Sewell praises NMTC-financed manufacturing project in Selma, AL
New Ways and Means Committee Members
Yesterday, the Ways and Means Committee added 10 new Republican members, 5 of which are past cosponsors of the NMTC Extension Act.
Congressional District Pages Updated
We’ve updated all 435 of our Congressional District pages with the new members of the 118th Congress.
Submit a Project or a Project Update
Is your NMTC project missing from our project database?
New Projects Added
We’ve added about 80 new projects to the website.
NMTC Coalition Annual Conference Opens today
CDEs and investors from across the country are coming to Washington to advocate for a permanent NMTC
CDFI Fund Opens 2022 NMTC Application Round
Today, the CDFI Fund opened the 2022 NMTC Application Round. The agency will award $5 billion in allocation some time next year.
NMTC Coalition and 700 Organizations Urge White House and Congressional Leadership to Make the NMTC Permanent
“We strongly support making the NMTC permanent,” said Aisha Benson, President of the NMTC Coalition and President and CEO of Nonprofit Finance Fund.
The NMTC: An Important Financing Tool for YMCA and YWCAs
Over the past two decades, the New Markets Tax Credit has delivered nearly $1.6 billion in financing to 80 YMCAs and YWCAs, expanding recreation and health options in low-income communities across the country.
Catholic Charities’ long-awaited $53 million Santa Rosa homeless services hub, Caritas Center, opens
Today in Santa Rosa, CA, the new, $53 million Caritas Center opened with supportive services for the unhoused.
Organization Sign-on Letter to Congress: Sign-on and Tell Congress to Make the NMTC Permanent
The NMTC Coalition is circulating an organization sign-on letter to Congress urging them to make the NMTC permanent.
NMTCs for Affordable Homeownership Featured in the Washington Post
Today’s Washington Post includes a write-up of NMTC-Coalition members Howard and Donna Smith and their work to expand affordable homeownership using the NMTC.
In Akron, Sen. Portman (R-OH) Visits the Akron Canton Regional Food Bank
Senator Portman Sees Firsthand How New Market Tax Credits Extension Act Funding Have Helped Expand Its Services With New Stark County Campus
2022 Progress Report Highlights: Case Studies
Our latest annual report includes case studies on Wyotech Technical College and Bethany House Services.
The NMTC Funded 277 Projects, More Than 52,000 Jobs Across the U.S. in 2021
The New Markets Tax Credit Coalition today released its 2022 New Markets Tax Credit (NM…
Richard Neal and Terri Sewell Added as Speakers at the 2022 NMTC Coalition Virtual Policy Conference
The Conference Takes Place June 23, 11AM – 5:30PM Eastern. Registration is FREE for NMTC Coalition members and their staff
NMTC Advocacy Week Day 5: Boys and Girls Clubs
The NMTC has supported the financing of nearly 70 Boys and Girls Clubs across the country.
NMTC Advocacy Week Day 4: History of the Program
This year will be the 20th anniversary of the first NMTC application round in 2002.
NMTC Advocacy Week Day 3: Mixed-Use
Mixed-use and multi-purpose projects are commonly financed through the NMTC program
NMTC Advocacy Week Day 2: Healthcare
The NMTC helps expand access to affordable healthcare, emergency services, cancer treatment, substance abuse treatment, and other important healthcare services in low-income communities.
NMTC Advocacy Week, Day 1: Focus on Manufacturing
The NMTC brings manufacturing jobs back to distressed communities.
New Markets Tax Credit Coalition Announces Advocacy Week, Legislative Priorities
Next week, beginning May 16, 2022, will serve as Advocacy Week for the New Markets Tax Credit (NMTC) Coalition. Members of th…
Maps, Maps, and More Maps
We share some of the mapping resources available on this site and on others.
NMTC Advocacy Week (May 16-20)
The week of May 16th, we are encouraging NMTC Coalition members to schedule virtual meetings (Zoom or another platform) meeti…
Dept. Treasury Secretary Visits Brooklyn Navy Yard
The Navy Yard has become a hub of NMTC activity and job creation.
National Tax Policy Leaders Meet to Focus on New Markets Tax Credit
Push for Permanence, Expansion Key Objectives of Annual Gathering
Chairman Richard Neal (D-MA) confirms as Annual Conference Keynote
House Ways and Means Committee Chairman Richard Neal (D-MA) has confirmed his participation in the 2021 NMTC Coalition Policy Conference on December 15th.
Round-up of recent NMTC scores
The Joint Committee on Taxation has scored several NMTC provisions over the past few weeks. Below is a roundup: Provision 10…
NMTC Coalition Urges White House and Congressional Leadership to Make the NMTC Permanent within the Final Federal Appropriations Package
Today, the New Markets Tax Credit (NMTC) Coalition, a national membership organization…