Alexander Moore, DC Central Kitchen
The NMTC is a powerful win/win opportunity that empowers the private sector to spark job creation and new economic opportunities where they are needed most. These investments are rigorously evaluated, carefully vetted, and generate sustainable impacts in communities across the country. Our organization is now able to generate $130 million in measurable community benefits annually […]
Diane Binnick, The Binnick Group
[The NMTC is] one of the best providers of economic development initiatives with bipartisan support!
Robert K. Jenkins Jr., Renaissance Equity Partners
Our firm’s experiences confirm that NMTC is an excellent tool to attract private sector investment capital from Wall Street to the Main Streets of America.
Myriam Simmons Foster, Creative Planning
The New Markets Tax Credit is one of the most powerful, proven tools for driving private investment into America’s most underserved communities. For over two decades, it has fueled transformative projects—building health centers, schools, small businesses, and infrastructure where traditional financing falls short. This isn’t theory; it’s real-world economic impact. Over $135 billion in private […]
Lisa Huval, Homewise, Inc.
The NMTC has been an essential resource for helping Homewise build for-sale homes that are affordable to low and moderate income New Mexicans.
Jenny Latz, JP Latz Advisors
Our firm works with numerous nonprofits and witnesses the critical role these organizations play serving the needs of the community. The NMTC program has provided the essential funding required to complete construction projects which deliver a substantial impact, amplifying the benefit of those served.
Sarah J Proctor, ACH Child and Family Services
New Market Tax Credits have supported four of our capital projects, enabling us to expand social services for children and families in our local area. Without the credits we would not have been adapt as quickly to the needs of our community.
Christina Szczepanski, Reinvestment Fund
NNTCs are a critical subsidy that effectively increases private investment into low-income rural and urban communities nation wide.
Cyle Reissig, Affordable Equity Fund
The program provides alternative financing options unavailable to the rural markets and businesses we serve, creating jobs and expansion opportunities for severely distressed communities.
Alphonso Whitfield III, Vital Inc.
The opportunity to fill the gap between market rate funding and hard money funding sources for the small business and community development projects.
Thomas Brown, Affordable Equity Fund
On behalf of the Affordable Equity Fund, I am writing to express our strong support for the continuation and expansion of the New Markets Tax Credit (NMTC) Program. As an active participant in NMTC financing, we have seen firsthand the profound impact this program has on underserved communities, driving investment, job creation, and economic development […]
Tim Miller, Uvlade Moving Forward Foundation
The Uvalde Moving Forward Foundation was able to secure $7.8 million through NMTC to build Legacy Elementary School in Uvalde, Texas. Legacy replaces Robb Elementary, the sight of a mass shooing in May 2024 that took the lives of 19 children and 2 teachers.
John O’Callaghan, Atlanta Neighborhood Development Partnership
The NMTC program has been invaluable in our efforts to expand homeownership in metro Atlanta.
Sean E.L. Russell, Baltimore Community Lending, Inc.
This tax credit program generates investments in economically distressed communities across the United States that benefit all Americans.
Barbara Carey, TCI, The Communication Institute
[The NMTC] is critical funding to replace old hospitals in rural areas. These hospitals were built for inpatient care which is not the current care delivery model. Without this funding, new rural hospitals cannot be built and they keep people in rural areas to grow food for our country. Please keep this program, Barbara Carey […]
Mark Kaufman, Neighborhood Impact Investment Fund
This program has an enormous impact on Baltimore City. As a CDFI we leverage funds in virtually every transaction in Baltimore
Danita V. Knight, YWCA Greater Atlanta
Supported our efforts to restore the Phillis Wheatley Westside YWCA in Atlanta.
Gabriel Derosier, MainStreet Community Capital
The NMTC is an excellent program that benefits those in underserved communities
Robert K. Jenkins Jr., Renaissance Equity Partners
Our firm’s experiences confirm that NMTC is an excellent tool to attract private sector investment capital from Wall Street to the Main Streets of America.
Alexander Moore, DC Central Kitchen
The NMTC is a powerful win/win opportunity that empowers the private sector to spark job creation and new economic opportunities where they are needed most. These investments are rigorously evaluated, carefully vetted, and generate sustainable impacts in communities across the country. Our organization is now able to generate $130 million in measurable community benefits annually […]
Diane Binnick, The Binnick Group
[The NMTC is] one of the best providers of economic development initiatives with bipartisan support!
Kevin L. Smith, Habitat for Humanity of New Castle County
The NMTC has helped us leverage our assets in a new way that has created more affordable housing
Kelly Sweeney McShane, Community of Hope
The NMTC was a vital tool to help us maintain and expand health care to DC residents.
JP Turner, Goodmanson Construction
This program was a big contributor to us being able to afford moving into our facility a few years ago.
Jeanne Moynihan Myer, Twin Cities Closet Company
We are in a distressed area which needs help and needs to attract businesses that will attract community members as employees as well as businesses that put money into improving the buildings to make the neighborhoods look better.
Nancy Janette Azerolo, Smith NMTC Associates, LLC
I support the NMTC because of all the good it does for communities, especially in single family for sale homes. It gives people a chance to own their own home where dreams can be built.
Victor Rivera, Civic Builders
The program has proven to improve education, facilities and housing.
Cristina Dominguez, Connelly Capital
Great impact in Puerto Rico. Supports important projects that are needed in the island, especially in the healthcare area.
Michael Monte, Champlain Housing Trust
We have seen the good work the NMTC program has done in our community, and we have participated in the program ourselves, using it to build community and important community assets.
Randy Shaffer, Chief Executive Officer
The NMTC has allowed us to expand our schools to provide more educational opportunities to disadvantaged children.
Emma Wyatt, The Innovate Fund
I support this letter because the New Markets Tax Credit (NMTC) has been instrumental in enabling organizations like The Innovate Fund to make substantial strides in community development. Through the NMTC, The Innovate Fund has successfully utilized its Round 19 Allocation of $50 million to fund transformative projects across five states, including initial investments in […]
Patrick Adam Lawson, Northern Arapaho Tribal Industries
Instrumental in our broadband deployment for the Wind River Indian reservation would not have been possible without their assistance.
Suzanne Brown, Equity Community Builders
NMTC funding provides stability for non-profits to provide impactful services to the low-income community. These programs would not be possible but for NMTC funding.
Rick Foran, Pivot Center for Art, Dance & Expression
We were able to redevelop a 72,000sf vacant commercial building into a community arts and cultural center contiguous to the Ariel Castro property where 3 women were held. Conventional financing was hesitant in this neighborhood but the inclusion of NMTC’s made the project go and has now created over 150 FTEs and is revitalizing the […]
Russell Hairston, Avondale Development Corporation
The Avondale Development Corporation supports New Markets Tax Credits (NMTCs) because they can unlock significant private investment for projects in low-income and underserved communities — funding that nonprofits alone often can’t raise through donations, grants, or traditional financing.
Jennifer Walke, The Model Group
The NMTC is a critical economic development tool. Please fund and extend the program!