[The NMTC is an] important source of funds to spur economic development in S.E. Seattle.
One of the country’s leading pediatric hospitals doubles its research space.
A social enterprise in Seattle dedicated to transforming the lives of homeless men and women through job training and placement in the food service industry.
We invest at 0% interest so we don’t extract from underserved communities — without policies like the NMTC, we will not be able to convince investors to lend to us at 0% or concessionary, regenerative rates that seek equitable outcomes for people. Please preserve the NMTC!
The New Markets tax credit’s are a vital ingredient for developing opportunities in communities of color. It would be a terrible mistake to eliminate this effective vehicle for developing communities that have been shut out of community growth.
The NMTC is unique low cost equity and debt facility for non-housing, economic and community development projects in both challenged and high cost markets. much-needed public sources are simply absent in Washington State due to state constitutional constraints.
The NMTC has been, and hopefully will continue to be, a major source that enables Historic Seattle to save meaningful places that foster lively communities.
I have worked on more than 70 community projects for which this tool was critical to move them forward. From integrated healthcare facilities serving homeless adults to rural healthcare projects to early childhood education centers in public housing developments, the far reaching impact of the program is well documented. Preserving and extending this resource to […]