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 extend…
Letter is open through November 9th. UPDATE: The deadline has been extended to November 16th. Congress may take up tax extend…
On Monday, Swiss Krono, a producer of engineered wood, announced plans for a $200 million expansion in Barnwell, SC where the…
Spotlight on East Baltimore Development Initiative The Richmond Federal Reserve is out with a new paper on the community deve…
September is National Recovery Month , which is sponsored by the Substance Abuse and Mental Health Services Administration (S…
This Tuesday, Senator John Thune (R-SD) visited Youth & Family Services (YFS) in Rapid City, SD, for an event celebrating…
We’ve updated our target list for H.R. 1098 and S. 384….
Thursday, two members of the Ways and Means Committee, Congressman Jason Smith (R-MO) and Terri Sewell (D-AL), introduced the…
Report highlights NMTC project data from 2017, including 52 healthcare facilities, 69 manufacturers, 26 facilities for youth and families, and 23 vocational training centers(June 6, 2018) —The New Mar
The NMTC supports entrepreneurship and business growth
We just launched a new landing page for NTMC-financed infrastructure projects. You can find it here: NMTC-financed Infrastruc…
The Department of the Treasury’s CDFI Fund announced $3.5 billion in New Markets Tax Credit allocation awards today supporting investment in low-income areas across the country.
NMTC Coalition Annual Conference attendees successfully pushed for the preservation of the largest federal incentive for investment in low-income communities
Thank you to the following House and Senate Republicans who went on the record in support of the New Markets Tax Credit during the tax reform debate
Data shows the NMTC financed 5,000 projects created over one million jobs all while generating enough revenue to more than pay for its cost to the federal government
Late last week, Congressman Smucker (R-PA) took the lead on a letter urging Speaker Paul Ryan and Chairman Kevin Brady to pre…
URGENT: Contact House Republicans and Urge Them to Sign the Smucker Letter Congressman Smucker (R-PA) is requesting signature…
Today, the New Markets Tax Credit (NMTC) Coalition provided an updated analysis of U.S. Department of Treasury data on the investment and creation of jobs in low-income communities nationwide. This da
The Senate Finance Committee has released its tax plan. The bill, unlike the House bill, H.R. 1, does not repeal the New Markets Tax Credit.Statement from New Markets Tax Credit (NMTC) Coalition spoke
Supporting documents for the House Ways and Means tax proposal: WHAT OUR HISTORIC TAX REFORM MEANS FOR YOU AND YOUR FAMILY HO…
The House Ways and Means tax reform proposal released today by the majority demonstrates an appalling disregard for low-income rural and urban communities by repealing the federal New Markets Tax Cred
Today, the CDFI Fund released updated census tract eligibility data for the NMTC program. The eligibility update utilizes dat…
More than 2,100 Businesses, investors and organizations call on Congress to expand and make the community and economic development tax credit permanent in tax reform(Washington, D.C.) –Today, the New
The Republican leadership released its tax reform framework but failed to include the New Markets Tax Credit, a proven tool for community revitalization and job creation in some of the poorest neighbo
After Katrina and Rita, the New Markets Tax Credit (NMTC) served an important role in rebuilding community facilities includi…
In-depth analysis of the New Markets Tax Credit finds projects sampled are in full compliance, with most projects far exceeding requirements for economic distress and CDFI Fund mandates– The NMTC Coal
The most popular use of the NMTC in rural America is to support the manufacturing sector. NMTC financing typically goes to bu…
“The reality for those of us on the ground who are doing economic development and trying to grow jobs in areas that are pretty tough
New Markets Tax Credit Coalition Report Highlights Data on NMTC Impact on Jobs and Investment in Rural CommunitiesJULY 25,2017––The New Markets Tax Credit (NMTC) Coalition, representing 150 finance an
Last month, Senate Finance Committee Chairman Orrin Hatch (R-UT) called for public comments on tax reform . Yesterday, the Co…
The NMTC supporting culinary entrepreneurs by financing kitchen incubators
CDFI Fund seeking application reviewers. Deadline June 14th.
Report highlights NMTC project data from 2016, including 28 healthcare facilities, 26 manufacturers, 15 schools, 14 facilities for youth and families, and 11 incubators
U.S. Senator Steven Daines toured the new corporate headquarters of Universal Athletic Services on Monday. Senator Daines was also joined by Bozeman Mayor Carson Taylor and Bozeman Director of Economi
Federal community development funding, as measured as a share of GDP, has declined by 75 percent over the least 40 years. Fed…
Chroma Technology, Bellows Falls, VT: The growth of Chroma Technology, a leading manufacturer of optical filters and related…