News from New Markets Tax Credit Coalition A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages.

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Nov 17, 2016, 17:01 ET Treasury Announces Record $7 billion in NMTC Awards

The U.S. Department of the Treasury Secretary Jack Lew announced the Calendar Year 2015 and 2016 New Markets Tax Credit (NMTC) allocation awards...


Aug 09, 2016, 13:17 ET Treasury Secretary visits New Markets Tax Credit Financed Grocer in Minneapolis

U.S. Department of the Treasury Secretary Jack Lew traveled to Minneapolis on Monday to meet with community and business leaders to highlight...


Aug 08, 2016, 14:27 ET Senator Visits NMTC Financed Kansas Children's Education and Health Center

Today, Senator Pat Roberts (R-KS) visited the Children's Campus of Kansas City, a New Markets Tax Credit (NMTC) financed community facility serving...


Jun 06, 2016, 13:59 ET Community Development Leaders Gather in Washington, DC to Discuss Tax Policy Trends and Plans for 2017

 This week, the New Markets Tax Credit (NMTC) Coalition held its New Markets Tax Credit Annual Policy Conference. The event featured the...


May 23, 2016, 17:22 ET Chorus of Congressional Leaders Urges Permanency for Community Development Tax Credit

 Today, the New Markets Tax Credit (NMTC) Coalition submitted testimony to the House Ways and Means Subcommittee on Tax Policy urging...


Mar 22, 2016, 19:44 ET Senator Crapo Visits New NMTC-financed Hemming Cedars Site in Rexburg, ID

Today, Senator Mike Crapo visited the future site of Hemming Cedars, a mixed use building in Rexburg. The facility is a New Markets Tax Credit...


Dec 16, 2015, 14:33 ET New Markets Tax Credit Leaders Applaud 5-Year Extension of Community Development Tax Credit

Late last night, Congressional leaders and the White House came to an agreement on a tax extender deal, which includes permanency for a few...


Dec 09, 2015, 10:28 ET NMTC Community Development Leaders Meet on Heels of Tax Extenders Legislation Introduction in the House

Today and tomorrow, the New Markets Tax Credit Coalition is holding its Annual Conference, drawing community development experts from around the...


Feb 10, 2015, 17:13 ET House Bill Would Make New Markets Tax Credit Permanent

Three members of the House Ways and Means Committee, including Congressmen Pat Tiberi (R-OH), Tom Reed (R-NY) and Richard Neal (D-MA), introduced a...


Dec 10, 2014, 05:13 ET New Markets Tax Credit Coalition's Annual Conference in DC at Pivotal Moment for Tax Extenders

 As the Senate is prepares to vote on a one-year extension for expired tax provisions, the New Markets Tax Credit (NMTC) Coalition is convening...


Nov 18, 2014, 10:34 ET Extend Expired New Markets Tax Credit Now

 With just a handful of days left for the 113th Congress, some 1,500 businesses, investors and nonprofit organizations from across the country...


Aug 11, 2014, 16:37 ET Two New Reports Paint an Incomplete and Inaccurate Picture of the New Markets Tax Credit

 Two reports were released on the New Markets Tax Credit (NMTC), one by the Government Accountability Office (GAO) and another by Senator Tom...


Jul 14, 2014, 13:35 ET New Markets Tax Credit Makes Substantial Contribution In Rural America

A report issued today by a coalition of community development organizations and financial institutions details how the New Markets Tax Credit...


Jun 24, 2014, 13:16 ET New Markets Tax Credit Helps Finance the Newly-Opened National Center on Civil and Human Rights

 The grand opening of the National Center on Civil and Human Rights took place in downtown Atlanta yesterday. More than seven years in the...


Jun 10, 2014, 09:34 ET New Report Demonstrates Widespread Impact of Expired Federal Tax Credit Program on Economically Distressed Communities

 The New Markets Tax Credit (NMTC) was responsible for creating more than 54,000 jobs last year, according to a new report released by the NMTC...


Nov 01, 2013, 09:35 ET Bipartisan Push Underway to Permanently Extend Federal Tax Credit Encouraging Investment in Economically Disadvantaged Communities

 House Republicans and Democrats are formally asking House Ways and Means Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI) to...


Sep 17, 2013, 11:05 ET Thousands Call On Congress to Keep New Markets Tax Credit

 Over 1,200 businesses, investors, nonprofit organizations and community leaders sent a letter to Capitol Hill today urging Congress to extend...


Jul 08, 2013, 17:36 ET Tax Reform Tour Stops at New Markets Tax Credit-Financed Business

 Today, the chairmen of the Congressional tax-writing committees, Senator Max Baucus (D-Mont.) and Representative Dave Camp (R-Mich.) kicked...


Jun 11, 2013, 17:26 ET Permanent Extension of New Markets Tax Credit Introduced in Senate

 Today, Senators Jay Rockefeller (D-W.Va.) and Roy Blunt (R-Mo.) introduced the New Markets Tax Credit Act of 2013, bipartisan legislation to...


Jun 05, 2013, 11:20 ET New Report Demonstrates Federal Tax Credit Program's Ability to Stimulate Economic Development, Create Jobs in Low Income Communities

 A report issued today by the New Markets Tax Credit Coalition details how the New Markets Tax Credit (NMTC) transformed private sector capital...


Apr 17, 2013, 11:20 ET Coalition Commends President Obama For Supporting Permanent Extension Of New Markets Tax Credit

 The New Markets Tax Credit (NMTC) Coalition commends President Obama for his call for a permanent extension of the NMTC.  By permanently...


Jan 07, 2013, 13:58 ET New Markets Tax Credit Coalition Commends Extension of New Markets Tax Credit in American Taxpayer Relief Act

The New Markets Tax Credit Coalition applauds the passage of legislation extending the New Markets Tax Credit (NMTC) for two years. By extending...


Dec 12, 2012, 10:15 ET New Report on Economic Impact of New Markets Tax Credit Finds Significant Return on Investment for Taxpayers

A report released today by the New Markets Tax Credit Coalition details how the New Markets Tax Credit (NMTC) has spurred private investment in...


Jun 07, 2012, 09:30 ET New Report Shows How Expired Federal Tax Credit Has Injected Billions of Dollars into Low-Income Communities

A report issued today by a coalition of community development organizations and financial institutions details how an expired federal tax credit,...