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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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 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...


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...


Jun 29, 2015, 18:02 ET Bipartisan Letter Signed by 55 House Members Urges Action on Federal New Markets Tax Credit

A letter in support of the federal New Markets Tax Credit (NMTC), signed by a bipartisan group of 55 Members of the House of Representatives, was...


Jun 15, 2015, 17:37 ET Treasury's CDFI Fund Announces 2014 NMTC Awards

The U.S. Department of the Treasury's CDFI Fund announced the Calendar Year 2014 New Markets Tax Credit (NMTC) allocation awards today. In the...


Jun 10, 2015, 19:05 ET New NMTC Report and Video Demonstrate Impact of Expired Federal Tax Credit in Distressed Communities

 A new report on the New Markets Tax Credit (NMTC) indicates the federal tax credit was responsible for creating nearly 40,000 jobs last year,...


May 19, 2015, 15:59 ET Over 1,600 Call on Congress to Make New Markets Permanent as Tax Reform Heats Up

Building on two solidly bipartisan bills in the House and Senate, a letter signed by over 1,600 businesses, investors, and nonprofit and for-profit...


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...


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...


Apr 04, 2014, 13:26 ET Congress Takes Steps to Secure Future of New Markets Tax Credit

Both Houses of Congress are taking action to secure the future of the New Markets Tax Credit (NMTC), which expired on December 31, 2013. Yesterday,...


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...