Possibility of Permanent Extension of New Markets Tax Credit Offers Great Opportunities

Underserved communities that confront difficult situations, including natural disasters, economic distress, and economic dislocation, rely on the New Markets Tax Credit (NMTC). It helps them restore economic stability and improve integral health and social services. During present times in particular, as we face the global COVID-19 pandemic, numerous communities across the county have been hit […]

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 […]