NMTC Coalition Press Releases

NMTC Program Paves Way for Expansion of Investing in Rural America

NMTC Program Paves Way for Expansion of Investing in Rural America

NMTC Coalition Executive Committee member Kevin Goldsmith has a piece in the latest issue of the Novogradac Journal of Tax ...
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New Markets Tax Credit Coalition Hosts April 2019 Fly-in, Congressional Briefing

New Markets Tax Credit Coalition Hosts April 2019 Fly-in, Congressional Briefing

Yesterday, on April 9th, the nation’s leading community development entities met with nearly one hundred Members of Congress and their ...
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House and Senate Members Move to Make New Markets Tax Credit Permanent

House and Senate Members Move to Make New Markets Tax Credit Permanent

Bipartisan NMTC extension legislation introduced in Hosue and Senate ...
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Lawmakers, Community Development Leaders Gather in Washington, D.C. to Discuss Tax Policy Trends and Plans for 2019

Lawmakers, Community Development Leaders Gather in Washington, D.C. to Discuss Tax Policy Trends and Plans for 2019

Coalition gathers NMTC stakeholders for a policy conference, releases new state statistics. The New Markets Tax Credit (NMTC) Coalition held ...
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Coalition Releases 2018 New Markets Tax Credit (NMTC) Progress Report

Coalition Releases 2018 New Markets Tax Credit (NMTC) Progress Report

Report highlights NMTC project data from 2017, including 52 healthcare facilities, 69 manufacturers, 26 facilities for youth and families, and ...
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Community Development Leaders Gathered in Washington, DC as Congress Decided Fate of NMTC in Tax Overhaul

Community Development Leaders Gathered in Washington, DC as Congress Decided Fate of NMTC in Tax Overhaul

NMTC Coalition Annual Conference attendees successfully pushed for the preservation of the largest federal incentive for investment in low-income communities ...
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New Markets Tax Credit Report Details Major Investment to America’s Struggling Rural and Urban Communities

New Markets Tax Credit Report Details Major Investment to America’s Struggling Rural and Urban Communities

Data shows the NMTC financed 5,000 projects created over one million jobs all while generating enough revenue to more than ...
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New Treasury Data Analysis Confirms New Markets Tax Credit Generated Over One Million Jobs in America’s Most Distressed Rural and Urban Communities

New Treasury Data Analysis Confirms New Markets Tax Credit Generated Over One Million Jobs in America’s Most Distressed Rural and Urban Communities

Today, the New Markets Tax Credit (NMTC) Coalition provided an updated analysis of U.S. Department of Treasury data on the ...
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Senate Finance Committee Tax Proposal Preserves NMTC

Senate Finance Committee Tax Proposal Preserves NMTC

The Senate Finance Committee has released its tax plan. The bill, unlike the House bill, H.R. 1, does not repeal ...
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House Proposed NMTC Repeal Would Devastate America's Most Distressed Communities

House Proposed NMTC Repeal Would Devastate America’s Most Distressed Communities

The House Ways and Means tax reform proposal released today by the majority demonstrates an appalling disregard for low-income rural ...
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Thousands of Organizations Urge Congress to Save NMTC in Tax Reform

Thousands of Organizations Urge Congress to Save NMTC in Tax Reform

More than 2,100 Businesses, investors and organizations call on Congress to expand and make the community and economic development tax ...
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Republican Tax Framework Leaves Economic Future of Distressed Communities in Uncertain Situation with Omission of the NMTC

Republican Tax Framework Leaves Economic Future of Distressed Communities in Uncertain Situation with Omission of the NMTC

The Republican leadership released its tax reform framework but failed to include the New Markets Tax Credit, a proven tool ...
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Independent Report Finds NMTC Program Meets, Exceeds Program Objectives

Independent Report Finds NMTC Program Meets, Exceeds Program Objectives

In-depth analysis of the New Markets Tax Credit finds projects sampled are in full compliance, with most projects far exceeding ...
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