Senator Ben Cardin (D-MD)
“The New Markets Tax Credit (NMTC) spurs economic development, encourages private investment, and creates jobs. This important and popular initiative has generated more than $70
“The New Markets Tax Credit (NMTC) spurs economic development, encourages private investment, and creates jobs. This important and popular initiative has generated more than $70
NMTC Leaders Applaud 5-Year Extension of Community Development Tax Credit. Late last night, Congressional leaders and the White House came to an agreement on a tax extender deal, which includes
Today and tomorrow, the New Markets Tax Credit Coalition is holding its Annual Conference, drawing community development experts from around the country. The conference will take place at the Hotel Mo
Dear Chairman Brady, The New Markets Tax Credit (NMTC) Coalition and its members would like to congratulate you on your new p…
Today the CDFI Fund released the 2015 NMTC Application. Below are a few of the changes we’d like to highlight: Restrictions o…
Earlier this month, Clearinghouse CDFI and Lake Mead Christian Academy celebrated the groundbreaking of their new H…
Rooms To Go, the nation’s leading independent furniture company, cut the ribbon for its huge new Super Center on Saturday, Oc…
On Friday, October 16th, Educare of California at Silicon Valley (“ECSV”) and Opportunity Fund will celebrate the recent open…
Senate Finance Committee Includes Extension and Inflation Adjustment for NMTC –The Senate Finance Committee takes up tax extenders today, including action on the New Markets Tax Credit (NMTC). Signali
A letter in support of the federal New Markets Tax Credit, signed by a bipartisan group of 55 Members of the House of Representatives, was sent to the Committee on Ways and Means today. The letter, le
The 83rd Annual Meeting of the US Conference of Mayor s begins today in San Francisco, CA, and the fate of the New Markets Ta…
Greenville New Markets Opportunity II, a community development entity managed by the Tax Advantage Group and the Greenville L…
Senators Debbie Stabenow, a senior member of the Senate Finance Committee, and Gary Peters yesterday celebrated a $55 mi…
The U.S. Department of the Treasury’s CDFI Fund announced the Calendar Year 2014 New Markets Tax Credit (NMTC) allocation awards today. In the announcement, CDFI Fund Director Annie Donovan noted, The
In case you missed it, here’s a recap of the New Markets Tax Credit Coalition’s 2015 Policy Conference, all via Twitter:…
New NMTC Report and Video Demonstrate Impact of Expired Federal Tax Credit in Distressed Communities– A new report on the New Markets Tax Credit (NMTC) indicates the federal tax credit was responsible
Congressmen Mike Turner (R-OH) and Chaka Fattah (D-PA) are circulating a sign-on letter urging timely Congressional action on…
Businesses, investors and organizations sign letter urging Congress to extend the expired community and economic development tax credit before they leave Washington – Building on two solidly bipartisa
Federal community development spending, as a share of GDP, has fallen by over 75 percent over the past 30+ years. Gap financi…
On Sunday, April 26, the Portland Press Herald ran the second article in its two-part series on the Maine New Markets Capital Tax Credit. The two articles question many of the aspects and investm
Yesterday, April 15, was the deadline for the Senate Finance Committee Tax Reform Working Groups. The New Markets Tax Credit…
A statement by Bob Rapoza, spokesperson for the NMTC Coalition: I read with interest the National Journal article today on th…
Senators Roy Blunt (R-MO) and Chuck Schumer (D-NY) circulated a Dear Colleague today, asking their colleagues to cosponsor ne…
The New York Times wrote about the recovery of downtown Cincinnati, and the Over the Rhine neighborhood in pa…
Three members of the House Ways and Means Committee, including Congressmen Pat Tiberi (R-OH), Tom Reed (R-…
Funding Will Help Cover Costs Of Renovating City’s First Grammar School In West Las Vegas The Historic Westside School was bu…
In 2013, Midwest Minnesota Community Development Corporation and US Bancorp Community Development Entity financed of the acqu…
A new report by the New Markets Tax Credit Coalition shows the economic impact of the NMTC between 2003 and 2012. The program created nearly three-quarters of a million jobs in rural and urban communi
With the release of Decoding the Tax Code today, Senator Tom Coburn (R-OK) continues to claim that the NMTC projects result in the government choosing favorites. The report rehashes the tired and base
Today, the New York Times published an article by Economic Policy reporter, Jonathan Weisman. The piece, entitled, “As Tax Br…
This week, the Congressional Research Service (CRS) released “Recently Expired Community Assistance Related Tax Provisions (“…
As discussed on the NMTC Coalition membership call this afternoon, the Broad Tax Extenders Coalition is collecting signature…
Senate Finance Committee Chairman Ron Wyden (D-OR), today issued the following statement on the need to renew expired tax pro…
Federal and state NMTC financing will improve financial stability of Head Start program serving over 1,000 children.Portland, Ore. United States Senator Ron Wyden applauded the success of an $18
A Comment on Reports by GAO and Senator Coburn Today, two reports were released on the New Markets Tax Credit (NMTC), one by…
Two reports were released on the New Markets Tax Credit (NMTC), one by the Government Accountability Office (GAO) and another by Senator Tom Coburn (R-OK), respectively Better Controls and Data are Ne