Alison Paige, Capital A Consulting, LLC
NMTCs create jobs, support organizations providing services, improve communities and grow wealth. They pay for themselves while achieving their goals of creating jobs and commerce in low-income communities.
Melissa Kaplan, Citizens of the World Charter Schools – Los Angeles
The NMTC program has provided invaluable funding to our charter school network to support the construction of long-term beautiful facilities for our students. We urge Congress to continue this vital program.
Thomas De Simone, Genesis LA
The NMTC provides an essential subsidy to make community investments viable. Without NMTC, these projects would not get off the ground. For each investment made, we leverage other capital, usually in a 1:3 to 1:4 ratio, bringing new investment to low-income communities that struggle to grow their economy, jobs, and businesses.
C. Tyler Ohanian, Buchalter, a Professional Corporation
We have been part in numerous transactions for truly catalytic projects that have changed entire blocks and neighborhoods for the better. The NMTC supports expanding domestic manufacturing, improving health care and fresh food access, and creating community gathering spaces such as schools, social services and mixed-use developments. It’s a shallow subsidy that creates deep impacts […]
Mark S DiSalvo, Pacesetter CDE
The NMTC is an efficient and appropriately conservative use of private funds and tax credits to spur economic benefit for communities who have been disadvantage by other public policy and market forces.
Kyle Salyer, KIPP SoCal Public Schools
The NMTC loans have provided financing for 4 of our schools serving over 2000 students per year.
Jon Chadwell, Newport Economic Development Commission
We have four projects in Newport, Arkansas that would not have happened without New Market Tax Credits. The result of the four projects has been an increase in over 240 new jobs and over $20 million in investment in a rural Arkansas community.
Jorge Cruz, LISC-New Jersey
[The NMTC is] one of the important sources of capital investing in some of our most market-challenged communities.
Eli Robertson, Civic Builders
I support NMTC because of how it can be used to support small businesses amount other things.
Alexandra Santos, Civic Builders, Inc.
The NMTC is a critical subsidy for charter school projects and NMTC is a core business line at Civic.
Audeliz Pollock, Civic Builders, Inc
The NMTC helps my organization provide affordable capital to well-deserving companies that serve families in low-income communities.
Yvonne Soto, Civic Builders
The NMTC is a critical subsidy for high quality charter schools nationwide. CDEs have invested into the growth of our communities and invested into the future of our country with the billions provided via the long-standing NMTC program.
Sean Mahoney, Civic Builders
This program has done phenomenal work at creating jobs and supporting strong community-led organizations in historically underinvested parts of the country. The permanence of this program provides invaluable stability and access to capital to uplift people in communities that deserve support.
Ross Hoffman, Civic Builders, Inc.
The NMTC is a critical subsidy for non-profit charter school development projects.
Gabriel Diaz, Civic Builders
The NMTC is a critical subsidy for charter school projects and NMTC is a core business line at Civic.
Cameron Garner, True Mountain Capital
The NMTC program is one of the best tools for incentivizing private investment into low-income communities.
Cole Montalbano, Capital One
This program has transformed businesses and small communities that wouldn’t be able to get traditional financing. This is an efficient and effective program that deserves to be permanent.
Thomas G. Moran, Jr., Good Shepherd Nativity Mission School
We were blessed to receive an NMTC allocation in 2017 allowing us to construct a new school in an economically depressed neighborhood. We participated in the Louisiana school choice programs and serve a 100% poverty level community – we charge no tuition, and all our families earn less than 250% of the Federal poverty level. […]
Chelsea Fitzgerald, Longwell Riess
Creates local jobs and fosters growth in rural communities.
Ethan Gilberti, Cherry Bekaert
The NMTC Program has a proven track record of success in spurring investment in low-income communities. These investments catalyze job creation and community services that directly increase tax revenue in much-needed areas. As such, it fosters essential economic growth with minimal government funding (on average $1 of tax credits generates $7 of private investment). In […]
Danny Herron, Habitat for Humanity of Greater Nashville
The NMTC is a win-win. Projects are often in distressed areas. The NMTC empowers local decision-making on important economic development projects.
Marsha Ann Edwards, Martha O’Bryan Center Inc.
We have done two NMTC projects in public housing in Nashville. A K-8 elementary school and a employment and family wellness focused community center, these amenities are what change a low-income community. We saved $10M between the two projects which made them possible.
Clint Gwin, Pathway Lending
NMTCs are catalytic for creating high quality jobs.
Hank Heton, Pathway Lending
NMTCs are vitally important to the work we do as a CDE and CDFI providing us with an invaluable to continue to have positive and lasting impacts in the communities we serve.
Larry Olson, Metroplains
[The NMTC] is a useful tool to rehab important buildings and improve the neighborhood in low-income areas.
James c Rumbaugh, Y.M.C.A. of GREATER PITTSBURGH
[The NMTC] provides much needed funding for worthy projects.
Amber E Jordan, Desert Sage Health Centers
Our new clinic in rural Idaho was funded through the NMTC program. Without this funding, a new facility would have been impossible for us. This project allowed us to expand critical healthcare services in our community, including medical, dental and behavioral health services. Additionally, the construction project and larger site brought crucial jobs into our […]
Kaitlin Myers, Moab Area Community Land Trust
The Moab Area Community Land Trust received $4.3M in NMTCs in 2019 to support the development of infrastructure for a 300-unit permanently affordable housing subdivision. In a high-cost rural, remote international destination community like Moab, Utah, this funding has been CRITICAL to build some of the only truly affordable housing for our local workforce. NMTCs […]
Denise Isaac, Growth Corp.
NMTC funds are a bridge to traditional financing for communities to thrive. NMTC is helping rural America rebuild for future generations.
Kurt Vickman, Good Grocer
We have benefited greatly from a NMTC and would love to see the program continue.
Jordan Kinslow, Goodmanson Construction
Helped our company move into new office space and likely will be useful in helping us expand in the future
Jami Olson, Centro Restaurant Group LLC
This program provides a rare opportunity for business owners. It helps reduce risk and greatly benefits the communities.
The Minneapolis Foundation, Minneapolis Foundation
This has been a significant capital resource for redevelopment and development in distressed and underserved communities.
Zachary Crain, Nilan Johnson Lewis PA
The NMTC program has been a vital tool to our nonprofit clients looking to leverage charitable assets for development in our community.
Jaden Jahnke, Goodmanson Construction
I support the NMTC because it has greatly benefitted our company in the past, and I hope that we can see the same type of support in the future.
Gina Grone, Greater Pittsburgh YMCA – Allegheny Branch
I support the NMTC because it supports underserved communities and contributes to economic development.