Below, find recent stories related to the New Markets Tax Credit.
A deal involving a federal tax credit program has landed restaurateur John Rivers' nonprofit 4Roots $2.47 million to help fund an educational farm
- Categories: Food Manufacturing
Ryan, a leading global tax services and software provider, recently partnered with Southwest Transplant Alliance (STA), a nonprofit organ and tissue procurement organization, securing $9.2 million in NMTC allocation.
- Categories: Healthcare
A St. Louis-based industrial fiber processor will expand its operations in Metro East after the company closed on $7 million in tax credit financing.
- Categories: Manufacturing
Children's Museum of Eau Claire says fundraising for the project has reached $8.7 million.
- Categories: Children's Museum
The Greater Cleveland Food Bank will receive $10 million for the construction of a new 197000-square-foot warehouse and distribution center in Collinwood
- CDEs: Cleveland Development Advisors
- Categories: Food Bank or Pantry
The landscape for new markets tax credit (NMTC) equity in 2022 looks good–but there's a possible hurdle.
- Categories: Racial Equity
The Panama City Commission approved the designs for the new Martin Luther King Jr. Recreation Center on Tuesday.
- Categories: Recreation
Atlanta Community Food Bank receives $5.8 million investment
East Point, GA
Children’s Institute (CII) in Los Angeles has opened a new 20,000-square- foot campus designed by world-renowned architect Frank Gehry in summer 2022, providing the 116- year-old non-profit organization with its first ever purpose-built home in the community of Watts.
Los Angeles, CA
The project to revamp and restore the historic building that used to house the Bouquet bar in Boise is finally moving forward.
- CDEs: Mofi
- Categories: Historic Rehabilitation
Through New Markets Tax Credit financing, Enterprise Community Partners (Enterprise), Atlanta Neighborhood Development Partnership (ANDP) and Westside…
Atlanta, GA
Destination Crenshaw's intentions are nothing short of transformative, and Lendistry is contributing New Markets Tax Credit allocations to empower their…
- Categories: Loan Fund, Racial Equity
As President Joe Biden's Build Back Better plan works its way toward enactment, the likelihood of a significant increase in the supply of federal community…
Nine first-time recipients were among the 100 community development entities (CDEs) awarded allocation authority in September when the U.S. Department of….
A $2.75 million investment in West Monroe-based cookie dough and confectionary distributor, Neighbor’s Cookies.
West Monroe, LA
- Related Project: Neighbors Cookies
- CDEs: Advantage Capital
- Categories: Business Development, Manufacturing
The project is a new 51,000 sq. ft. health clinic and recreation center focused on increasing the life expectancy for tribal members.
Poplar, MT
A public-private partnership improves education in Jackson, TN.
Jackson, TN
NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J.
Paterson, NJ