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State Fact Sheet

Community Testimonials

The New Markets Tax Credit program is one of the most important sources of financing for Community Health Centers, like CommuniCare Health Centers. In the past 15 years, the NMTC has delivered nearly $6 billion to over 300 FQHCs along with hundreds of hospitals and treatment centers in low-income communities.
If you let the NMTC program expires at the end of the year, FQHCs will miss out on nearly $700 million in annual financing. This will directly impact our ability to serve our most vulnerable community members. We urge your support.

-Melissa Marshall, MD, Chief Executive Officer, CommuniCare Health Centers, Davis, CA

NMTCs are an incredibly valuable financing tool to revitalize communities. I have personally been involved in not only real estate developments, but also project finance, and operating business financing using NMTCs. I cannot say enough about the value of NMTCs when used to support operating businesses (with respect to job growth), and permanency will expand the availability to this much needed source of capital.

-Tom Bitting, Hoosier Solar Holdings, Colorado Springs, CO

Due to the NMTC deals, we are able to build affordable homes in our community for home-ownership which in turn builds more opportunities and stable communities for all involved.

-Christine Chu, Controller, Habitat for Humanity EBSV, Oakland, California