New Markets Tax Credit Receives Five-Year, $5 Billion Extension
Spending Bill Includes Largest Extension in Program’s History. The Consolidated Appropriations Act of 2020, passed by the House and Senate and expected to be signed by the President includes a f
Lawmakers, Community Development Leaders Celebrate NMTC 20th Anniversary as Tax Credit Extension Deadline Looms
Coalition releases report highlighting NMTC success stories and state statistics. Tax policy trends and plans for 2021 were the focus as the New Markets Tax Credit (NMTC) Coalition held its annual NM
Treasury’s CDFI Fund Announces 2019 NMTC Awards
Investments in economically distressed rural, urban and minority communities. The CDFI Fund annoucned the2019 New Markets Tax Credit (NMTC) allocation awards today. The CDFI Fund awarded $3.5 billion
CDFI Fund Announces More Than $3.5 Billion in New Markets Tax Credits
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $3,548,485,000 in New Markets Tax Credits today that will spur investment and economic gro
New Markets Tax Credit Coalition Releases 2020 NMTC Progress Report
NMTC Celebrates 20 Years, Nearly 6,400 Projects Financed and Over One Million Jobs. The New Markets Tax Credit Coalition today released its  2020 New Markets Tax Credit (NMTC) Progress Report
Organizations Urge Congress to Pass Emergency Expansion of New Markets Tax Credit
More than 700 businesses, investors and organizations call on Congress to extend and expand the community and economic development tax credit assisting communities hardest hit by COVID-19WASHINGTON, J