The NMTC is a powerful win/win opportunity that empowers the private sector to spark job creation and new economic opportunities where they are needed most. These investments are rigorously evaluated, carefully vetted, and generate sustainable impacts in communities across the country. Our organization is now able to generate $130 million in measurable community benefits annually because of our NMTC project, creating jobs, boosting farmers and small businesses, and reducing hunger and poor health.
-Alexander Moore, DC Central Kitchen
[The NMTC is] one of the best providers of economic development initiatives with bipartisan support!
-Diane Binnick, The Binnick Group
Our firm’s experiences confirm that NMTC is an excellent tool to attract private sector investment capital from Wall Street to the Main Streets of America.
-Robert K. Jenkins Jr., Renaissance Equity Partners
The New Markets Tax Credit is one of the most powerful, proven tools for driving private investment into America’s most underserved communities. For over two decades, it has fueled transformative projects—building health centers, schools, small businesses, and infrastructure where traditional financing falls short. This isn’t theory; it’s real-world economic impact. Over $135 billion in private capital. More than 1.2 million jobs. Communities once left behind now thriving. Letting this credit expire would be a devastating step backward. Making the NMTC permanent isn’t just smart policy—it’s a moral and economic imperative.
-Myriam Simmons Foster, Creative Planning
The NMTC has been an essential resource for helping Homewise build for-sale homes that are affordable to low and moderate income New Mexicans.
-Lisa Huval, Homewise, Inc.
Our firm works with numerous nonprofits and witnesses the critical role these organizations play serving the needs of the community. The NMTC program has provided the essential funding required to complete construction projects which deliver a substantial impact, amplifying the benefit of those served.
-Jenny Latz, JP Latz Advisors