Great news: The New Markets Tax Credit was extended through 2025!
Past Extension Campaigns: The New Markets Tax Credit Extension Act of 2019 (H.R. 1680 and S. 750)
The New Markets Tax Credit, one of our most effective tools for community revitalization, was set to expire at the end of 2020. Congress provided a five year, $5 billion extension through 2025. Below is information about the NMTC Extension Act of 2019.