The New Markets Tax Credit Coalition has prepared briefing books for all new members of the 116th Congress along with a handful of other members. The profiles can be found here: New Member Briefings
Blog
House and Senate Members Move to Make New Markets Tax Credit Permanent
Bipartisan NMTC extension legislation introduced in Hosue and Senate
Recent NMTC Projects – January 2019 Update
Below are a few NMTC projects closing or holding a ribbon cutting over the last few weeks. The HWH Group, a full-service engineering, construction and consulting firm that provides finance, community development opportunities, site selection and a specialized New Markets Tax Credit incentives group, announced that American SpiralWeld Pipe Company is breaking ground on a […]
Lawmakers, Community Development Leaders Gather in Washington, D.C. to Discuss Tax Policy Trends and Plans for 2019
Coalition gathers NMTC stakeholders for a policy conference, releases new state statistics WASHINGTON, D.C. (December 18, 2018) — The New Markets Tax Credit (NMTC) Coalition held its Annual Conference on December 12 and 13 in Washington, D.C. The event featured members of Congress as keynote speakers, and panels on timely community development matters. Attendees were […]
New State Fact Sheets
We’ve updated portions of our NMTC state fact sheets. They now have data and maps on investments through September 30, 2018. The jobs data still only goes through 2015, using data from our most recent Economic Impact report (December 2017). Each state page (click the map below) also includes videos and written profiles of NMTC […]
Helping Beyond Thanksgiving: Investing in the Revitalization of Low-Income Communities
Thanksgiving is a time to gather with friends and family, a time to reflect on our privileges and the past year’s accomplishments and—most of us—also look forward to enjoying a big, festive meal. Whether you host or travel to a loved one’s homes, many Americans will spend this Thursday gathered around a table, enjoying the […]
Thirty-four Members of the House Call for NMTC Extension During Lame Duck Session
Today, in a letter to the Ways and Means Committee, a bipartisan group of thirty-four members of the House of Representatives called for a New Markets Tax Credit extension during the Lame Duck session. The off-committee letter, which was lead by Representatives Steve Stivers (R-OH) and Jose Serrano (D-NY), calls for a permanent extension of […]
Let’s Ensure #InternetDay Keeps Getting People Connected
Post authored by NMTC Coalition Board Member Phil Glynn of Travois. Social media has given rise to many so-called “hashtag holidays” that spring up on Twitter, Facebook and Instagram each morning as we surf on our smartphones for news and updates from our friends. #NationalPizzaDay, #NationalSiblingsDay, #NoDirtyDishesDay. Many are entertaining, some are thought-provoking. Few, however, […]
Stivers (R-OH) and Serrano (D-NY) Circulate Dear Colleague Calling for NMTC Permanence in 2018
Letter is open through November 9th. UPDATE: The deadline has been extended to November 16th. Congress may take up tax extenders during the Lame Duck session after the election, and an NMTC extension may be in play. To help build momentum for an extension, this afternoon two of our Congressional champions – Congressmen Steve Stivers […]
NMTC Brings Hundreds of Jobs to Barnwell, SC
On Monday, Swiss Krono, a producer of engineered wood, announced plans for a $200 million expansion in Barnwell, SC where the unemployment rate is nearly 15 percent. The project was made possible thanks to the NMTC. From Woodworking Network: More than $45 million in tax credits, allocated by the National New Markets Fund, The Innovative […]
