Tax Staffer: Kara Getz, kara.getz@mail.house.gov.
The New Markets program plays a significant role in financing many vital businesses and community projects that are overlooked by traditional lending markets. It helps to breathe new life into our neglected and underserved low-income communities. We’ve leveraged these funds to preserve and create jobs, and to build successful businesses….[In my district], the amount of good that these projects have done for the community cannot be understated: hundreds of millions of dollars in investment and thousands of jobs.
"projects
NMTC Allocation
in total project financing
FTE jobs
construction jobs
federally qualified health centers
manufacturing and industrial businesses supported
The project consists of the acquisition of land and construction of a new 63,000 sq. ft. headquarters building with warehouse, office, training, and support spaces. The project design includes 33,000