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Recent NMTC News

From the Blog

NMTC impact since 2003:

$ 0 billion
in investment in distressed communities
0 +
jobs generated in areas of high poverty and unemployment

About the NMTC

About the NMTC

The NMTC is a low-cost tax incentive which delivers billions to low-income communities.
About

Case Study Database

NMTC success stories organizated by state, congressional district, project type, and more.
Projects

Research and Reports

Reports, case studies, and annual surveys of NMTC activity.
Research

Stories and Explainers

How the New Markets Tax Credit Works

Our video gives you the 101 on how the NMTC program works.

State NMTC Profiles and Fact Sheets

State-level data and NMTC stories from across the country.

NMTC by Congressional District

Congressional district-level data and NMTC stories from across the country.

Community Leaders on the New Markets Tax Credit

Much needed job creation for Low Income People is badly needed, and NMTCs make this possible.

-Darlene Smolik, Plymouth Soundings, LLC, Loudon, Tennessee

Our organization has participated in three NMTC projects with SmithNMTC, all transformational towards the growth of the mission and sustainability. Habitat continues to serve record numbers year after year, in large part due to the engagement of Smith. This results in an increased tax base, employment opportunities, and community revitalization/stability.

-Mike Sutton, Habitat for Humanity of Pinellas County, Inc., Clearwater, Florida

It is an incredibly important part of allowing many who serve the opportunity to complete critical projects that greatly impact the lives of those most struggling in our communities.

-James Reese, President/CEO, Atlanta Mission

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Random NMTC Project Profiles

2018

Glenville, OH

The first of Mayor Frank Jackson’s Neighborhood Transformation Initiative projects, Glenville Circle North combines small business incubator spaces in…
2012

Seattle, WA

Capitol Hill Housing Improvement Program redeveloped an underutilized, City-owned parking lot into a 150,000 sq. ft. mixed use, transit-oriented…
2016

Chicago, IL

NMTC financing helped an FQHC hire additional personnel, open a new, school-based clinic site, and make an electronic software…
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