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
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
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
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
Senators Roy Blunt (R-MO) and Chuck Schumer (D-NY) circulated a Dear Colleague today, asking their colleagues to cosponsor ne…
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
