Joel Smith, Native American Bank
The NMTC is a vital source of capital to community facility projects on Indian Reservations, where access to traditional capital is limited.
Joel Smith, Native American Bank
The NMTC has been invaluable to Tribal Communities to bring gap capital for impactful projects that can’t as easily assess traditional credit.
Malik Robinson, Cleo Parker Robinson Dance
Without NMTC, our project does not move forward. I know this is a similar scenario for many nonprofits doing transformative community work but don’t have the deep donor packets to expand facilities to improve and increase services.
Monica Clark Petersen, S.B. Clark Companies
Our firm has seen first-hand amazing projects come to fruition, that would not have been possible without NMTCs, in the states of Arizona, Colorado, California, Kentucky, Montana, Nebraska, North Carolina, North Dakota, South Carolina, South Dakota, Nebraska, New York, Texas, and Washington. These projects have included early childcare centers, community health centers, mental health facilities, […]
Dan Kane, Dayton Region New Market Fund
The benefits of the NMTC program are numerous, including driving new job growth and providing benefits and services to the low-income community. In a city that was hard hit by large fortune 500 companies departing the area either due to industry consolidation or manufacturing plant downsizing, the program has offered a chance for businesses to […]
Victor J Elmore, Texas Mezzanine Fund
The NMTC provides needed financial resources to low-income communities which improves the lives and economic circumstances of citizens.,
Claudia Cardenas, Primestor
The NMTC have enabled our company to develop projects in communities that have experienced disinvestment for many decades.
Arturo Sneider, Primestor
Our low-income and underinvested communities have been able to create thousands of jobs and economic engines in their communities as a result of projects created from NMTC supported structures.
Jenny, Civic Builders, Inc.
Wonderful program; creates jobs and invests in communities that need it most.
Elaine DiPietro, Blooming Ventures LLC
This program creates quality jobs and provides opportunities for building sustainable lives for low-income people and communities.
Rev. Dr. Patrick G. Duggan, Amistad Redevelopment Corporation
Since 2020, our organization has financed two successful NMTC projects in disinvested communities in Kentucky and Pennsylvania. Neither of these projects, which together created over 100 jobs and dramatically improved the local economy, would not have been feasible were it not for the equity from NMTCs. New Markets Tax Credits are a win-win for the […]
Dana Flanery, Family Health Services of Darke County, Inc
The NMTC program allowed our non-profit to expand services by using the tax credit savings rather than having to rely on government funding.
Radhika Reddy, Ariel Ventures, LLC
Due to the huge impact it has made in the low-income communities in Ohio and nationally
Meghan K Harte, LISC Chicago
The NMTC is an important tool for the success of comprehensive community development because it drives additional investment that may otherwise not have occurred.
Joseph Lesch, Lawndale Christian Health Center
I have worked on several NMTC projects in the North Lawndale neighborhood in Chicago, and the program has allowed us to invest nearly $40mm in construction projects over the last eight years, which in turn have provided incalculable benefit to an underserved neighborhood in the City of Chicago.
Christopher Dons, Lawndale Christian Health Center
Our organization has participated in this program several times since 2011. It has helped us finance the construction and rehabilitation of almost 170,000 square feet for medical care, senior services, pharmacy, and the provision of organic fresh vegetables with partnerships such as the Chicago Botanic Gardens. These projects are all in the neediest parts of […]
Chris Neary, Cinnaire Lending
The New Markets Tax Credit is a vital tool for spurring investment in distressed communities. It bridges the gap between opportunity and access, enabling projects that might not otherwise come to life. By supporting economic growth, creating jobs, and improving essential services, the NMTC program plays a critical role in building stronger, more equitable communities. […]
Scott Sunagel, Community Reinvestment Associates
Unlike other federal programs, federal funds are NOT used. The tax credit purchase price from an institutional investor is the subsidy. The IRS gets an 800% return because 8X tax compared to the loss of the tax credit. The program is a money-maker for the federal government.
Dan Rosensweig, Greater Charlottesville Habitat for Humanity
New Market Tax credits have been good for investors and beneficiaries alike. We’ve leveraged them to help build multiple communities and hundreds of homes
Bonnie Collins, Habitat for Humanity of the Charlotte Region
I have directly seen the positive impact NMTCs can have on a community and families. This program is a win-win-win for everyone involved.
Nathaniel A Barber, South Carolina Community Loan Fund
NMTCs have helped to deliver projects that otherwise would not have been financed and which contribute greatly economic prospects of the state
Erika J Connelly, Kanawha County Public Library
Without NMTC support, we would not have been able to complete the renovation of our public library that helped spur further redevelopment of the downtown including a park and BID district.
Katie Hallman, Theatre Cedar Rapids
The New Markets Tax Credits program is an essential tool in increasing the vitality and economic impact in cities like Cedar Rapids, and beyond. My organization, Theatre Cedar Rapids, is just one project example of how NMTC work to engage across sectors to execute visionary revitalization work in historic downtowns.
Traci Vaine, CEI Capital Management LLC
One of the greatest tools at our disposal for boosting US-based manufacturing is the New Markets Tax Credit Program. For 25 years, the New Markets Program has incentivized the investment of private capital into companies creating good jobs in communities with low incomes. From tissue production in northern Maine, to peanut shelling in Georgia, to […]
Mary Gaasch, Crescent Cove
Crescent Coves used New Market Tax Credits to build a children’s respite and hospice home, the only one in the Midwest. We serve families that come from as far away a North Carolina! The New Market Tax credits allow us to support families walking through the loss of their precious children, and to create a […]
Daniel Desire, Brooklyn Plaza Medical Center
This is a funding source that is so critical for Agencies like ours. It provides non-for-profit similar to Brooklyn Plaza access to capital that cannot be obtain from traditional banks,
Keyarra Francois, Civic Builders, Inc.
It incentivizes investment in underserved communities, helping to drive economic growth, create jobs, and improve infrastructure in areas that need it most.
Margaret H Reynolds, Wakeman Boys & Girls Club
The New Markets Tax Credit was critical for our organization to complete building our new clubhouse in Bridgeport.
Dawn Stanhope, Boys & Girls Clubs of Manatee County, Inc.
Boys & Girls Clubs mission is to enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. We do this by offer low to no cost programs after school and during the summer to youth and teens ages 5-17. By giving youth safe spaces where […]
Bill Arterburn, YMCA South Florida
The NMTC has enabled us to serve under-served populations in our area.
Elyse Cherry, BlueHub Capital, Inc.
The NMTC program is a valuable resource for low-income communities. Continued funding for NMTC supports BlueHub Capital’s mission to build healthy communities where low-income people live and work.
Gustavo Quiroga, LISC Massachusetts
LISC Massachusetts strongly supports the New Markets Tax Credit (NMTC) Extension Act of 2025 (S. 479/H.R. 1103) to make a permanent fixture in the tax code, ensuring continued investment in economically distressed communities across the Massachusetts.
John Litten, Greater Cleveland Habitat for Humanity
At Greater Cleveland Habitat for Humanity, we’ve successfully utilized the NMTC to support our homeownership projects. It’s been a great tool to build more starter homes in the midst of our housing supply crisis.
Chris Freeman, CFO of Bongards
The New Markets Tax Credit program has been and continues to be instrumental in our ability to continue to provide the maximum value for the milk of our members, while ensuring we are building a cooperative that will be here for future generations. The Community Development Entities that partner with us understand the need to […]
Nonprofit Development Center, Butler, PA
“We hope with the continuing growth of Alliance for Nonprofit Resources and with increased space, that we will be able to bring additional sustainable employment to the downtown Butler and the western PA region. These additional positions will allow us the ability to handle increased volumes in our management services clients served in back end […]
Congressman Richard Neal (D-MA)
The New Markets program plays a significant role in financing many vital businesses and community projects that are overlooked by traditional lending markets. It helps to breathe new life into our neglected and underserved low-income communities. We’ve leveraged these funds to preserve and create jobs, and to build successful businesses….[In my district], the amount of […]