CDFI Fund Announces Tenth Round of NMTC Allocation Awards
On Wednesday, April 24th, the Donna Gambrell, Director of the CDFI Fund, announced the Tenth Round of NMTC Allocation Awards totaling $3.5 billion in allocation.
On Wednesday, April 24th, the Donna Gambrell, Director of the CDFI Fund, announced the Tenth Round of NMTC Allocation Awards totaling $3.5 billion in allocation.
Over the next several months, the Senate Finance Committee will convene weekly to discuss a series of topics and collect feed…
The NMTC Coalition recently released the NMTC Economic Impact Study (December, 2012). Our national findings show that the NMT…
Today, Ways and Means Committee Chairman Dave Camp (R-MI) and Ranking Member Sandy Levin (D-MI) announced th…
Fiscal Cliff Legislation Provides Two-Year Extension to Federal Tax Credit Program Proven to Fuel Private Investment in Economically Distressed Communities– The New Markets Tax Credit Coalition (NMTCC
On Tuesday, Newsday published a letter to the editor from New Markets Tax Credit Coalition Board Member Bob Davenport,…
On January 1, 2013, the House of Representatives passed The American Taxpayer Relief Act ( H.R. 8 ), by a vote of 257-167. Th…
Moments ago on the House floor:…
Write-up in the Des Moines Business Record: A national coalition of community development organizations and financial institu…
The NMTC: At Work in Communities Across America report released…
New Markets Tax Credit Economic Impact Report finds that NMTC has Generated A Significant Number of Jobs, Expanded State and Local Tax Base in Economically Distressed Areas
The NMTC Coalition recently released the NMTC Economic Impact Study (December, 2012). Our findings show that the NMTC has created 500,000 jobs and generated a significant return to the federal government in terms of tax revenue generated.
Our new report, The New Markets Tax Credit: At Work in Communities Across America, features ninety-two NMTC success stories from all fifty states plus the District of Columbia.
In November of 2012, Cincinnati leaders gathered for the grand opening of the CityLink Center, a comprehensive social services mall which was built with the help of New Markets Tax Credits.
On the heels of a discouraging new census report on poverty and income, twelve House Republican Freshmen urge their leadership to renew an expired incentive for investment in low income communities. R
Momentum continues to build for movement of the tax extenders including the New Markets Tax Credit. Yesterday, twelve Freshme…
Last week, the CDFI Fund released supplemental guidance to the 2012 New Markets Tax Credit Application. The supplemental guid…
Congressmen Jim Gerlach (R-PA) and Richard Neal (D-MA) penned an Op-Ed in The Hill that urged Congress to extend the NMTC. A…
House Freshmen Republicans Reps. Stivers (R-OH) and Chabot (R-OH) are inviting other House Republican Freshmen to sign on to…
On Thursday, August 2, 2012, the Senate Finance Committee marked up a tax extenders bill. The bill is the product of a compro…
When it comes to influencing Congress, the most successful advocates are those who have made a conscious decision to build an…
Highlight reel from the last Friday’s House Ways and Means Committee, Select Revenue Subcommittee hearing on the tax extender…
The New Markets Tax Credit Coalition releases an annual Progress Report where we report on the results of our Annual Survey of CDEs.
Reps. Pat Tiberi (R-OH), Jim Gerlach (R-PA), Erik Paulsen (R-MN), Richard Neal (D-MA), Jim Costa (D-CA), and John Larson (D-C…
In Cedar Rapids, Iowa, the New Markets Tax Credit helped finance a new dental clinic at His Hands Free Medical Clinic ….
The New Markets Tax Credit continues to serve as an effective tool to create manufacturing jobs. Last year, thanks to $12.5 m…
Reps. Tiberi (R-OH) and Camp (R-MI) plan to hold a hearing to review individual tax extenders (including the New Markets Tax…
Today, the Senate will vote on an amendment to the surface transportation bill (S. 1813) that includes an extension of the NM…
Click to find the latest House and Senate co-sponsors of The NMTC Extension Act of 2011…
Find out the facts on how NMTC investments have been particularly effective in creating construction jobs in economically distressed communities.
As of today, 203 businesses, representing 44 states and DC, have signed the Coalition’s letter urging Congress to suppo…
The NMTC Coalition is now circulating a letter of support for the NMTC program
LIIF used New Markets Tax Credits to help Part of the Solution (POTS) build a new, larger facility in the Bronx. POTS provide…