Jeffrey Monge, Managing Partner, Monge Capital, Newark, New Jersey
The NMTC programs help create sustainable social and economic impact for communities representative of the community I was born and raised in the Bronx. Also, it is a unique opportunity for MBE firms like mine to “do good and well” based on our knowledge of the industry and our knowledge of the markets we serve.
Brendan Leonard, CFO, Greater Burlington YMCA, Burlington, Vermont
The NMTC program was critical to our success in building a new YMCA building to serve our community. Our new building, which will open Jan 1, 2020, will enable us to serve our community much better, supporting a variety of programs and serving many more members than we could before. The NMTC program allowed us […]
Randy Shaffer, CEO/Superintendent, Trinity Basin Preparatory, Grand Prairie, Texas
The NMTC program saves us valuable dollars so that we can put more money in the classroom for our predominantly minority, high poverty students. The program is vital and I respectfully request that you extend this wonderful program.
Cindy Ruminer, Director, Oklahoma Small Business Development Center, Durant, OK
The NMTC program provides the much-needed capital for companies to grow and expand while creating employment opportunities in rural areas across the US. The NMTC program has provided the critical financing needed to increase operations and provide start-up opportunities to over 70% of our OSBDC clients.
Debra Shoaf, Chief Financial Officer, Atlanta Community Food Bank
The NMTC program is the best example of a public-private partnership. It provides financial incentive and benefit to investors while serving communities that would otherwise never receive these investments. It creates jobs, which stabilizes and improves communities thereby reducing the burden of public assistance in areas without options. It provides benefit to constituents who value […]
Pete DeBuys, President, DeBuys Real Estate, Atlanta, Georgia
The NMTC program is critical to the redevelopment of a 200 year old college in Louisiana. We have a plan for a $50 million mixed-use development that is financially not feasible without the NMTC.
Clint Gwin, President & CEO, Pathway Lending, Nashville, Tennessee
The NMTC program is critical to placed based redevelopment and job creation in the most underserved markets. Without NMTC low-income communities and businesses will miss out on economic prosperity.
Cesar Plascencia, Public Affairs Officer, Clearinghouse CDFI, Lake Forest, California
The NMTC program is an opportunity to rejuvenate moderate to low-income communities in America with projects that can only be created with the help of the NMTC program.
Anthony Santana, Associate, Genesis LA Economic Growth Corporation, Los Angeles, California
The NMTC program is an investment in the future of the US and supports high impact projects located in urban and non-urban areas in all 50 states.
Lindsey Bartley, Director of Communications, Catalyst Community Capital, Inc., Tampa, Florida
The NMTC program is a key component to complicated financial structures required to finance projects for community development, affordable housing, education and healthcare facilities. The need for these types of facilities in lower income communities is great, and without NMTC many of these projects could be in danger of not being funded and completed. It […]
Allison Coleman, Capital Link, Inc., Boston, Massachusetts
The NMTC program is a critical resource for financing federally qualified health center facility projects nationally. Without the extension of this important program, many fewer low-income patients will be able to access primary and preventive care, as well as life-saving behavioral health and substance use disorder treatment.
Joni Robertson, CAO, Golden Valley Natural, Shelley, Shelley, Idaho
The NMTC program has provided jobs and benefits to our community. It has been a huge benefit and has benefited many families. It has provided jobs and given employees an opportunity to learn new skills and have opportunities for job advancement within our organization. It has also allowed these employees to become more marketable and […]
Audrey Roling, CFO, YMCA of Greater Louisville, Louisville, Kentucky
The NMTC program has increased the impact that the YMCA is having on the west Louisville community, bringing health equity outcomes to citizens who need it most.
Maelene J. Myers, Executive Director, East Liberty Development, Inc., Pittsburgh, Pennsylvania
The NMTC program has helped us build 26 units of mixed-income for-sale housing in predominately African-American neighborhoods in Pittsburgh. Could not have done this without the NMTC program.
Steven Brinkman, CEO, The Men’s Center, Incorporated dba recenter, Houston, Texas
The NMTC Program has given our organization a new home after 70 years. It has given us and the 500 souls we serve annually a brighter future.
Louise Cohen, Chief Executive Officer, Primary Care Development Corporation, New York, NY
The NMTC program has enabled PCDC to finance 177 projects for its community health center clients throughout the U.S. $248 million in awards to PCDC have supported over $1.1 billion in projects that have created or retained 5,800 permanent and 5,000 construction jobs in urban and rural under-served communities and enabled safety net community based […]
Joseph Falkson, Senior Managing Director, Native American Capital, LLC, Reston, Virginia
The NMTC program has been a major force in assisting poor Native American communities throughout the Nation with funding significant economic development projects that would not have been possible without this highly effective program.
Shelly Butterfield, Tax Manager, Monogram Foods, Memphis, TN
The NMTC program has allowed our company to create and preserve jobs in rural areas that would have had high unemployment without our investments there.
Eddie Lefeaux, CEO-Owner, Westport Linen Services, LLC., Baton Rouge, Louisiana
The NMTC program allows us to reinvest our capital dollars in our company therefore creating more jobs as we grow.
Lisa Hemker, CFO, Lorain County Health & Dentistry, Lorain, Ohio
The NMTC program allowed us to renovate a 5-story building into a comprehensive health care facility providing health and dental services to over 15,000 primarily uninsured or underinsured people.
Megan Orser, Director of Property Management, Smart Apartment Solutions, Ann Arbor, MI
The NMTC means we are able to provide affordable housing those with the most need in a housing crisis impacting both renters and owners.
Dale Royal, Executive Director, Local Initiatives Support Corporation, Atlanta, Georgia
The NMTC means financing to support job creators and service providers in our toughest neighborhoods. It’s a chance for the private sector to invest in communities through a proven structure to get impressive results.
Kevin Smith, CEO, Habitat for Humanity of New Castle County, Wilmington, Delaware
The NMTC leverages resources to produce more affordable housing and change for low-income communities
Skye Morse, Principal, M&S Development LLC, Brattleboro, Vermont
The NMTC is the only way to achieve catalytic revitalization in distressed rural areas. The Putnam Block in Bennington, VT, which is creating jobs, housing, and vibrancy in an old factory town, is proof that this program works.
Brian Higgins, Executive Director, Parson Avenue, Columbus, Ohio
The NMTC is an important source of financing for businesses and community facilities in America’s most economically distressed rural and urban communities. Over the past 15 years, communities have come to count on the NMTC as a source of low-cost capital for challenging projects that would not have been possible but-for the NMTC. Since 2003, […]
Anke Schreiber, Historic Preservation Specialist, LDA Architects Inc., Cleveland, Ohio
The NMTC is an important financing tool to support projects that are generally more difficult to achieve because of budget constraints and their locality. They allow feasibility in neighborhoods that are located in distressed urban and rural communities. The NMTC is a critical source of financing for projects that otherwise would not be economically viable.
Othello Meadows, CEO, 75 North Revitalization Corp, Omaha, Nebraska
The NMTC is a source of funding for businesses and community facilities in distressed urban communities such ss we have in the Highlander Neighborhood in Omaha, Nebraska. Without this funding our neighborhood would be challenged to get funds to provide the life changing and betterment of families that we have provided for our local area.
Martin Howe, President, MVB Bank Community Development Corporation, Clarksburg, West Virginia
The NMTC is a pivotal tool that seriously assists in economic development. From a creditors standpoint it reduces the risk in the investment of financing the project. From a developers standpoint the NMTC can be the triggering factor to make the overall a project move forward. The NMTC projects create growth in the economy, especially […]
Sr. Jane McClure, Major Gifts Officer, Habitat for Humanity of Evansville, IN
The NMTC has helped 10 families in Evansville own their own home, thus breaking the cycle of poverty and establish financial equity for themselves and their children.
Rey Jacquez, Administration and Finance Director, Affordable Homes of South Texas, Inc., McAllen
The NMTC has fulfilled a dream of owning a new home for our low income families, especially the children that only dreamed of having a new home, but now congress has made it happened. thank you for all you do for low income families in our area.
Jennifer Graham, Founder & CEO, Civic Dinners, Atlanta, Georgia
The NMTC has enabled Civic Dinners to create more jobs in the heart of Atlanta, and scale faster at a time when we need civil conversations more than ever. It is imperative to keep supporting and uplifting the people working day in and day out to better their own communities while creating sustainable jobs. If […]
Judy Harden, Finance Controller, United Rehabilitation Services, Dayton, Ohio
The NMTC has allowed us to expand our facility and serve more children and adults with disabilities.
Mary Stranahan, founder of Good Works Ventures, Missoula, Montana
The NMTC has allowed for building projects to be built that might not have happened without the tax credit. It has provided jobs that might not have been created and allowed communities to benefit from these projects.
Karen Brooks-Crosby, Dallas City Homes, Texas
The NMTC facilitates economic development in neighborhoods that traditionally struggle to attract private investment.
Will Shurtleff, First Vice President, BancorpSouth, Jackson, Mississippi
The NMTC allows projects in distressed communities that may not otherwise be feasible to not only be completed, but thrive. The NMTC subsidy allows public/private partnerships to provide much-needed capital to create and retain jobs, provide healthcare and goods and services to populations in rural communities that have historically not had access to such.
Victoria Kaplan, Writing for Change, Seattle, Washington
The New Markets tax credit’s are a vital ingredient for developing opportunities in communities of color. It would be a terrible mistake to eliminate this effective vehicle for developing communities that have been shut out of community growth.