Cheryl Stephens, President/CEO, East Akron Neighborhood Development Corp., Akron, Ohio
NMTCs have provided key finance that have enabled one of our projects to complete the transformation from an old strip shopping to a revitalized hub.
Lewis Schnaper, Vice President, GCI Business, GCI Communication Corp., Anchorage, AK
NMTCs have helped unlock over $200M in private investment for a broadband network now serving over 44,000 mostly Alaska Native people in 84 remote western Alaska communities.
Julia Nelmark, President, Midwest Minnesota CDC, Detroit Lakes, MN
NMTC’s have been critical in helping many projects become feasible – in urban and rural areas. All kinds of projects have been possible because of NMTC, such as manufacturing, community facilities, schools, medical facilities, Native American projects. With our loan funds we have financed projects as small as $250,000 with similar benefit’s as our larger […]
Eric Hanna, President & CEO, Michigan Community Capital, Lansing
NMTC’s are the last money in the toughest deals, the deals that spark real change in communities. They restart the engine of economic development and activate private capital in a way few other tools can.
Roberta Brien, VP of Projects, Worcester Business Development Corporation
NMTCs are critical to providing the physical infrastructure that allows important programs like child care, domestic violence prevention, subsidized health and wellness, and access to the arts to exist in low-income communities.
David Jordan, Project Manager, Volunteers of America Western Washington, Everett, WA
The NMTC will be an integral piece in bringing a facility online that will serve over 16,000 people per year in Western Washington. Most of these individuals are will come from a low-income background and this infrastructure will be a key component in achieving self-sufficiency.
Pam Woodell, VP, NMTC, Community First Fund, Lancaster, Pennsylvania
The NMTC provides the means for low-income people to access quality jobs, needed education to access these jobs, healthy foods where they are difficult to access, and health care in areas lacking such facilities.
Bob Calhoun, CEO, St. Lucie Habitat for Humanity, Ft. Pierce, Florida
The NMTC provides the essential economic incentive to bring community development to areas that are not served by the local providers. The multiplier effect that the NMTC provides creates positive economic growth well beyond the scope of the funded program.
Kathy Ray, Executive Director, Four County Alliance of Southeast Idaho, Malad City
The NMTC provides one more tool to help buisness in rural communities to access the capital needed to start a small business.
David Mark, CEO, Bighorn Valley Health Center, Inc., Hardin, Montana
The NMTC provides hope to rural communities in Montana that we can build the infrastructure to provide care of the highest quality to parts of the country that too often are forgotten in the halls of Congress. We’re deeply grateful for the program, and hope that you see the value it provides across rural America!
Calvin Vinal, President & CEO, Capital For Change, Wallingford, Connecticut
The NMTC provides critical, flexible funding for economic development projects that help stabilize and revitalize lower-income communities. It is a unique capital source that advances projects that otherwise could not be pursued.
Jackie Weeks, Tribal Operations Officer, Fort Peck Assiniboine and Sioux Tribes, Poplar, Montana
The NMTC provided a funding gap allowing completion of project plans. For the Fort Peck Tribes it meant installation of a parking lot, exterior lighting, stormwater drainage, and furnishings for a building that consolidated social services, education, and manpower development providing services to low-income people on Fort Peck Reservation.
Adam Zell, CFO, ResinTech Inc., West Berlin, New Jersey
The NMTC provided a critical piece of financing to build our brand new manufacturing campus in Camden NJ.
Julie Wesel, CEO, Chemstress, Akron, Ohio
The NMTC program has used the combination of public funds and private investment to improve our communities in the rust belt areas of Northern Ohio. More so than other parts of the country, NMTC make development and redevelopment attractive. The leveraging of the program with other financing maximizes the impact of the public funds.
Amy Mallory, Manager, Fund Management, CAHEC, Raleigh, North Carolina
The NMTC program creates jobs, strengthens communities and provide life-changing opportunities to people which would not exist if it was not for the NMTC program. It makes a difference!
Alex Stillpass, Manager, RSA NMTC Fund LLC, Cincinnati, Ohio
The NMTC means opportunity to impact local and regional communities for positive change in jobs, wages, education and health care.
Leonard Adams, President and CEO, Quest Community Development Org, Atlanta, Georgia
The NMTC means inclusion, mobility, growth, opportunity and equity fostered out of the developments and programing of NMTC community and economic revitalization efforts.
Richard Brannan, Chief Executive Office, Wind River Family & Community Health Care, Riverton, Wyoming
The NMTC means access to investment capital that is needed to develop financially viable projects in poor communities and helps to stimulate local economies.
Javier Lopez, Director of Community Relations, Coachella Valley Housing Coalition (CVHC), Indio, California
The NMTC means a great deal to our organization and the communities we serve. We have over 35 years developing affordable housing for our working families, farm workers, migrant farm workers, seniors, and veterans. This credit has allowed organizations like CVHC to continue providing the American Dream of homeownership to thousand of individuals and families […]
Jim McCormick, Executive Director, Great Falls Rescue Mission, Great Falls, Montana
The NMTC mean the world to us as an organization as we couldn’t have built a new Family Center without NMTC funding.
Scott Arnold, Executive Director, Central Ohio Youth For Christ, Columbus, Ohio
The NMTC made our urban ministry center possible in a location in central Ohio that was unfinanceable according to several financing experts. This, in spite of significant down payment funds available. The result has been a rehabilitated building that has become the epicenter of community renovation and a reversal of major blight in the neighborhood. […]
Marshall Spivey, CFO, Premium Peanut, Douglas, Georgia
The NMTC loans have assisted Premium Peanut with creating 200-210 direct jobs and 50-60 indirect jobs in our rural community in South Georgia. This type of job creation is difficult to generate in rural areas and financing is difficult to obtain for brand new/start-up businesses. Premium Peanut is a co-op model business owned by 370+ […]
Thomas De Simone, President & CEO, Genesis LA CDE, Los Angeles, California
The NMTC is what makes economic development viable in the distressed communities where we work. NMTC provides the equity that traditional investors cannot provide because of real or perceived risk. NMTC is the difference between a project being viable or not.
Tony To, Director, HomeSight, Seattle, Washington
The NMTC is unique low cost equity and debt facility for non-housing, economic and community development projects in both challenged and high cost markets. much-needed public sources are simply absent in Washington State due to state constitutional constraints.
Anthony Jones, President/Chief Executive, Bright Community Trust, Clearwater, Florida
The NMTC is one of the few tools we have available that incentivize the private market to strengthen our cities and lift neighborhoods to their full potential.
Lawrence McComie, Vice President, PIDC Community Capital, Philadelphia, Pennsylvania
The NMTC is an important tool used to fight poverty and support disadvantaged businesses in highly distressed communities.
Janet Owens, Executive Director, LISC Jacksonville, Jacksonville, Florida
The NMTC is an important source of financing for businesses and community facilities in America’s most economically distressed rural and urban communities.
Gerald Chester, President & CEO, Central Florida CDC, Daytona Beach, Florida
The NMTC is a significant tool for community developers, as it allows the stakeholders and developers to make change in low income communities on a greater scale. It stimulates additional investment in distressed communities that otherwise would not be made. Finally, it creates Jobs, increases community ownership, and hope for lower income residents.
Tahirih Ziegler, Executive Director, LISC Detroit, Michigan
The NMTC is a major job creator for Detroit and it has supported five catalytic transformational projects that improves quality of life for all incomes. Charter School, QLine transit, College of Creative Studies and mixed-use housing and retail projects.
David Reiling, CEO, Sunrise Banks, St. Paul, Minnesota
The NMTC is a life blood for transformative projects in highly distressed urban core of Minneapolis and St. Paul. We have leveraged the State’s largest public investment into light rail public transit to redevelop the commercial corridor bridging the two cities. NMTC has huge community and job creation impact!!!
Karen Kelleher, Executive Director, LISC Boston, Boston, Massachusetts
The NMTC is a critical resource that drives job creation and economic opportunity in low-income communities in Massachusetts.
Sally Hazelip, Head of School, North Florida School of Special Education, Jacksonville, Florida
The NMTC helped us complete the funding we needed to build a 32,000 sq.foot lower school campus/urban equestrian center for children who have intellectual and developmental differences. This will enable us to provide academic resources not only to our students but will serve as a therapeutic recreation center to our community. NMTC has been a […]
David Arnold, Director, Great Lakes Capital, Fort Wayne, Indiana
The NMTC have literally made redevelopment projects possible that otherwise would not have been feasible. The program has been an important augmentation to state and local public resources in addition to private resources. This combination of investment at all levels ensures that the resources and risks associated with redevelopment projects are equitably shared by all […]
Richie Webb, President, Hemming Corp, Rexburg, Idaho
The NMTC has provided the pathway to revitalize areas of our community that would have not been possible otherwise. The NMTC program serves as a catalyst leading to job growth, expansion and redevelopment that is meaningful and material for our community now and for many years to come.
Kji Kelly, Executive Director, Historic Seattle, Seattle, Washington
The NMTC has been, and hopefully will continue to be, a major source that enables Historic Seattle to save meaningful places that foster lively communities.
Walter Graff, Senior Vice President, Appalachian Mountain Club, Boston, Massachusetts
The NMTC has been instrumental in helping us build a sustainable nature-based tourism operation in Northern Maine as well as providing jobs for a natural resource based economy. Without NMTC we would not have been able to promote a sustainable economy in a region facing economic decline and young people flight. Creating a nature based […]