New Markets Tax Credit Receives One-Year, $5 Billion Extension
Spending Bill Expected to be Signed Into Law Today Authorizes $1.5 Billion Increase in Allocation.The Fiscal Year 2020 appropriations bill , H.R. 1865, which will signed into law today by President Tr
$5 Billion in NMTC Authority included in Tax Deal
Overnight, congressional negotiators reached a deal on expired tax provisions that would provide a one-year New Markets Tax Credit extension at an allocation level of $5 billion for 2020. The legisl
Tax Policy Trends and Plans for 2020 Were Focus for Lawmakers, Community Development Leaders at Annual D.C. Policy Conference
Coalition gathers NMTC stakeholders, releases state statistics. New Markets Tax Credit extension legislation, tax policy trends and plans for 2020 were the focus as the New Markets Tax Credit (NM
NMTC: Unprecedented Economic Development Tool for Low-Income Communities Hangs in the Balance
Guest post by Kermit Billups, Greenline Ventures. The New Markets Tax Credit (NMTC) is one of the most efficient communityeconomic development tools for low-income communities that I have encounteredi
NMTC Coalition Releases 2019 NMTC Progress Report
The 15th edition of the NMTC Progress Report shows the NMTC continues to grow businesses and create jobs in rural and urban communities left outside the economic mainstream.
Treasury’s CDFI Fund Announces 2018 NMTC Awards
The U.S. Department of the Treasurys CDFI Fund announced the Calendar Year 2018 New Markets Tax Credit (NMTC) allocation awardstoday. The CDFI Fund awarded$3.5 billion to 73 Community Development Enti