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Community Testimonials

We have utilised NMTCs to build a critically need headquarters office and a public market for Latino food service entrepreneurs. In addition to the 90 plus jobs originating from these two developments, new business opportunities (& jobs) continue to be created. We also plan to develop another NMTC soon.

-Rose M Ojeda, Director, Real Estate Development, Hacienda CDC, Portland, Oregon

ECAT utilized the first New Market Tax Credit deal in Erie County to rehabilitate an 80,000 sqft closed school building and convert it to a multi-use community facility that includes healthcare, job training, youth programming and social services. As a non-profit, we had no other tool at our disposable to make this vision a reality. In the end, the NMTC allowed us to address blight and make a significant investment in one of the most disinvested neighborhoods in our community. We strongly support the continuance of this program.

-Daria Devlin, Erie Center for Arts & Technology, Erie, PA

The NMTC has proven to be a very powerful tool to deploy much needed capital in communities that have been traditionally underserved. The successful track record of the NMTC program easily supports extension.

-Jay Taylor, Friday Eldredge & Clark LLP, Little Rock, Arkansas