Testimonials Archive

Steven MacDonald, Los Angeles, CA

It means hope to people in low income areas. Our focus is to provide NMTC’s to manufacturing businesses that provide high wage jobs with good benefits to people who need them.

Tom De Simone, Genesis LA, Los Angeles, CA

It is a catalyst for investments that would otherwise not occur, take much longer to become viable, or result in less impact without the resources that NMTC provides.

Anita Landecker, ExED, Los Angeles, CA

We are using it to build a public college-prep charter boarding school in South LA on a site that has been abandoned since the civil unrest in 1992.

Everett Sands, Lendistry, Los Angeles, CA

[NMTC] funds will help us to make significant investments in minority-owned small businesses.

Connie Lindsey, Northern Trust’s Head of Corporate Social Responsibility and Global Diversity, Equity and Inclusion

We are pleased to be part of this meaningful project. We are committed to bringing capital to under-invested communities, including support of quality education that will change lives.

Scott Schmid, CEO, TruStile Doors, Colorado

We’re super excited about the future, and this expansion is giving us the capacity to continue growing. The new facility will be terrific for our employees, being fully air conditioned—which is rare for a facility like this in Denver. The biomass boiler enables that, which burns sawmill byproduct and generates heating and cooling for the […]

Kathy Johnson, President and CEO, Gordon County Chamber of Commerce, Georgia

This community was involved in the beginning of the modern flooring industry in the United States. Mannington has been a major partner in the growth and innovation of that industry, but more importantly, they have been a partner with our community.

Karen Stanley, CEO, CARITAS, Virginia

It’s almost like it was waiting for us. It was meant for us. We will have the leadership team under one roof for the first time ever, which will be amazing.

D’Ana Clark, RYSE Youth Justice Fellow, California

I went from being a very troubled child to a person that aspires to be one of the best criminal defense lawyers—someone driven by a series of injustices to pursue success, a person that youth at RYSE can look up to.

Keenan Karwan, CFO, Care Resource Miami, Florida

Capital Fund guided us through every step of closing an NMTC deal for our Miami expansion. We are thankful for their assistance and expertise, and look forward to working with them again.

Mike Duggan, Mayor, City of Detroit, Michigan

With MyLocker’s incredible popularity and growth, CEO Robert Hake could have taken his company anywhere—and he certainly has had offers. The fact that he has committed to expanding his workforce here in Corktown sends a message to other companies that Detroit is a great place to grow your business.

Reverend Tim Williams, Executive Director of Operations, Hope House Mission, Ohio

Middletown residents face a growing need for emergency housing and it was critical that our community step up to the plate and provide safe emergency shelter for individuals and families facing homelessness. Grove Street Shelter could not have been expanded without the NMTC financing that Finance Fund and their partners brought to the table. This […]

Kay Ivey, Governor, State of Alabama

Alabama is a place where we build ourselves up and celebrate the entrepreneur. This is proof it’s worth investing in our hometowns.

Rocco Termini, Project Developer,, New York

… they are all business incubators, things that will create jobs. And these are good paying jobs and give people the opportunity…once they create their business, I want them to move out. I want them to go and make more money… Then somebody new will come in, take their space, and they will grow their […]

Representative (now Senator) Peter Welch, Vermont

Today, we celebrate the kickoff of this historic project that will revitalize downtown Bennington. We also celebrate the extraordinary efforts of the community leaders who brought their vision to life in the face of countless obstacles along the way. I am particularly pleased that the federal New Markets Tax Credit played a vital role in […]

Tim, Former Resident and Current Volunteer, Salvation Army Freedom Center

The Freedom Center gave me a brand-new start. I found my spirituality. I praise God every day. I’m so thankful to my daughter for bringing me here. I’m finding happiness now. I love being called Grandpa, getting to see my grandkids. They come to the center for summer camp and to use the computer lab. […]

Christopher Laurent, President, Cinnaire Solutions, Michigan

The Allen Place Project exemplifies the kind of meaningful impact that happens when community members come together to be a force for positive change. The Cinnaire Solutions team is proud to work alongside our partners at the Allen Neighborhood Center to bring a community hub featuring an array of services to Lansing’s eastside. Once complete, […]

Dan Betancourt, President and CEO, Community First Fund, Pennsylvania

Our goal is to transform communities. This project will convert the most important, undeveloped property in the city into a hub of activity. It will make a significant impact on those that live and work in the city of Lancaster.

Christian Leinbach, Chairman, Berks County Commission, Pennsylvania

What does the New Markets Tax Credit mean to your community? “I think the community is better for it. Obviously, the tax credits are a key piece.”

Mark McDaniel, President and CEO, Cinnaire, Wisconsin

Every person deserves access to education, childcare services and programs that allow people to improve their quality of life. The Marshfield Area YMCA is a great example of what can be accomplished by forming collaborative partnerships to create community facilities that provide essential services and support healthy lifestyles.

Mike Bowman, President and CEO, Delaware Technology Partnership

Delaware Technology Park is excited to launch the FinTech building on STAR Campus in conjunction with the University of Delaware and funded by Discover Bank and Cinnaire. It will contain faculty, students, and entrepreneurs with outstanding data science knowledge and digital management competencies as well as support resources for business development and community education.

Jeff Whitey, President, Southwestern Oregon Community College, Coos Bay, Oregon

Without this program, it would have created additional monetary constraints to meet the objectives of our Health and Sciences building project for our College. It was imperative that we received investment from this specialized program that supports rural communities such as Coos Bay. The impact of this tax credit investment will have a sustained impact […]

Richard Miles, Co-founder, Cade Museum for Creativity and Invention, Gainesville, Florida

Without the NMTC program, we would not have been able to complete the last mile of funding for building the Cade Museum for Creativity and Invention. The investment not only resulted in an award winning architectural masterpiece, it also resulted in a complete transformation of a blighted, dangerous and heavily contaminated parcel of land into […]

Charlotte Folmer, Executive Director, Commonwealth Cornerstone Group, Harrisburg, Pennsylvania

Without the NMTC Commonwealth Cornerstone Group will lose the ability to be a catalyst in revitalizing severely distressed communities to provide jobs, goods and services to low-income persons.

Karen Koch, Executive Director, Florida Supportive Housing Coalition, Tallahassee, Florida

Without refunding many of the supportive housing projects which are generally individuals with extremely low-incomes will not be able to be developed. This funding reaches our most vulnerable populations in Florida.

Vanessa Delgado, President, Azure Development Inc., Commerce, California

Without NMTC, we cannot continue to create jobs and economic development activity in underserved cities.

Danny Herron, President and CEO, Habitat for Humanity of Greater Nashville, Tennessee

With the cost escalating of both land and land development in the Greater Nashville area, NMTC has been a critical piece in helping home builders like Habitat for Humanity to continue offering affordable housing to working men and women in our community.

Kelly Lamb, Executive Director, Cedar Valley Habitat for Humanity, Cedar Rapids, Iowa

With increased construction costs, programs like these assist us in making the dream of homeownership become a reality, thus helping to build stronger families and communities.

Martha Halnon, CEO, Five-Town Health Alliance, Inc, Bristol, Vermont

While our organization (FQHC) has not yet used this, the NMTC is a very important program that allows for tax credits to many organizations. They are an amazing resource if you are contemplating a capital project from renovation to a new build.

Steve Siler, President, Mercy Care Foundation, Atlanta, Georgia

We’ve been the beneficiaries of one development project that used NMTCs to assist us in funding our project. We would have had to scale back our project had we not had the NMTCs, which would have meant serving thousands fewer patients over the nearly 10 years our health clinic has been in service. Simply put, […]

Mari Reed, Director of Operations and Billing, Canyonlands Community Health Care, Page, Arizona

We will be able to continue to provide much-needed resources to multiple rural communities in Arizona. In some of the communities we serve, we are the “only” provider in town.

Tundra Whitt, Co-Owner, Meineke Car Care Center, Memphis, Tennessee

We were afforded the opportunity to open a business several years ago. In this time, we have provided numerous job opportunities for low-income and distressed communities. Many businesses could not get funding without this type of a program. Thus preventing many job opportunities in these underserved communities. We NEED a permanent extension if we are […]

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