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Bob Menendez (D-NJ)

Tax Staffer: Jason Tuber, [email protected] (Updated: 02/22/2021)

Testimonials

The NMTC program has enabled PCDC to finance 177 projects for its community health center clients throughout the U.S. $248 million in awards to PCDC have supported over $1.1 billion in projects that have created or retained 5,800 permanent and 5,000 construction jobs in urban and rural under-served communities and enabled safety net community based providers to serve more than 1 million patients annually nationwide with high-quality health care and integrated services, including mental health and substance use treatment.

-Louise Cohen, Chief Executive Officer, Primary Care Development Corporation, New York, NY

Investments made in our lowest income communities’ assists in economic development and has been extremely helpful.

-Darrin Casper, Deputy Mayor/CFO, Salt Lake County, Utah

New Market Tax Credits are enabling the transformation of the Oakland Museum of California into a community gathering space and “town square” in the heart of downtown Oakland. Our renewed gardens and enhanced campus will open up to the surrounding neighborhoods, will serve as a platform for arts and cultural programming, and will connect learning experiences about California art, history and natural sciences within the Museum galleries directly to interpretations and experiences in our landmark gardens. Even with public and private funding, we could not complete the vision for this project without NMTCs.

-Lori Fogarty, Oakland Museum of California, Oakland, California

This community was involved in the beginning of the modern flooring industry in the United States. Mannington has been a major partner in the growth and innovation of that industry, but more importantly, they have been a partner with our community.

-Kathy Johnson, President and CEO, Gordon County Chamber of Commerce, Georgia

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District Highlights

NMTC Project Profiles (Inside the District)

2022

Holland, MI

Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13…
2021

North Highlands, CA

The Project consists of the development of a 20,000 sq. ft. relocation/expansion of Elica’s existing North Highlands Center….
2021

Cincinnati, OH

The Keyer Row development consists of six contiguous properties located on Main Street in the Over-the-Rhine neighborhood in the…
2021

West Monroe, LA

A $2.75 million investment in West Monroe-based cookie dough and confectionary distributor, Neighbor’s Cookies….

State Fact Sheet