Below, find recent stories related to the New Markets Tax Credit.
“We are truly honored to have been selected by VyStar to help make a bigger community impact for the people of Florida and Georgia who need it most,” said Chris Vukas, Director of NMTCs, Sunflower Development Group, LLC. “Their enthusiasm for community is contagious and securing additional federal resources will create new opportunities where the market-driven economy doesn’t work for low-income people and places.”
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) today released a Summary Report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 202
Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts
The project is estimated to cost nearly $10 million, will be financed through the federal New Markets Tax Credit program, with additional money coming from donations, UAMS said.
The historic Illinois Alcohol Company Building in Buffalo, New York will soon become the new home of the West Side Bazaar,
Today in Santa Rosa, CA, the new, $53 million Caritas Center opened with supportive services for the unhoused. Congressman Mike Thompson (D-CA) attended the event.
Santa Rosa, CA
CAHEC New Markets, a NMTC Community Development Entity, has provided $12.5 million to Grady Health System for the expansion and renovation of the Ponce De Leon Center HIV/AIDS clinic.
Two lawyers have helped build thousands of affordable houses in 30 cities using an obscure federal tax incentive
Our House announced on Aug. 17 that it has closed on a $10 million NMTC financing package to expand its services for families and individuals who are homeless in central Arkansas.
How New Markets Tax Credit Can Help Pandemic Recovery