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Jul 18, 2019, 09:30 ET 2019 NMTC Progress Report Released

The New Markets Tax Credit Coalition today released its 2019 New Markets Tax Credit (NMTC) Progress Report, the fifteenth edition of the...


May 23, 2019, 12:52 ET Treasury's CDFI Fund Announces 2018 NMTC Awards

The U.S. Department of the Treasury's CDFI Fund announced the Calendar Year 2018 New Markets Tax Credit (NMTC) allocation awards today. The CDFI Fund ...


Apr 10, 2019, 15:09 ET New Markets Tax Credit Coalition Hosts Fly-in, Congressional Briefing

The nation's leading community development entities met with nearly one hundred Members of Congress and their staffs to discuss the advancement of...


Mar 12, 2019, 16:19 ET House and Senate Members Move to Make New Markets Tax Credit Permanent

Legislation was introduced in the House and Senate to secure the future of the New Markets Tax Credit (NMTC). Congresswoman Terri Sewell (D-AL) and...


Dec 18, 2018, 17:21 ET Lawmakers, Community Development Leaders Gather in Washington, D.C. to Discuss Tax Policy Trends and Plans for 2019

The New Markets Tax Credit (NMTC) Coalition held its Annual Conference on December 12 and 13 in Washington, D.C. The event featured members of...


Oct 26, 2018, 16:35 ET Bipartisan Push to Permanently Extend Federal Tax Credit Encouraging Investment in Economically Disadvantaged Communities

House Republicans and Democrats will formally ask Ways and Means Committee Chairman Kevin Brady (R-TX) to take action and permanently extend the New...


Jun 06, 2018, 12:08 ET Coalition Releases 2018 New Markets Tax Credit (NMTC) Progress Report

The New Markets Tax Credit Coalition today released its 2018 New Markets Tax Credit (NMTC) Progress Report, the fourteenth edition of the...


Feb 13, 2018, 01:00 ET NMTCC: Treasury's CDFI Fund Announces 2017 NMTC Awards

The U.S. Department of the Treasury's CDFI Fund announced the Calendar Year 2017 New Markets Tax Credit (NMTC) allocation awards today. The CDFI Fund ...


Dec 20, 2017, 12:20 ET Community Development Leaders Gathered in Washington, DC as Congress Decided Fate of NMTC in Tax Overhaul

Last week, the New Markets Tax Credit (NMTC) Coalition held its New Markets Tax Credit Annual Conference in Washington, D.C. The event featured a...


Dec 08, 2017, 10:10 ET New Markets Tax Credit Report Details Major Investment to America's Struggling Rural and Urban Communities

Today, the New Markets Tax Credit Coalition published a new report on the economic impact of the New Markets Tax Credit (NMTC) from 2003 to 2015....


Nov 16, 2017, 15:10 ET New Treasury Data Analysis Confirms New Markets Tax Credit Generated Over One Million Jobs in America's Most Distressed Rural and Urban Communities

Today, the New Markets Tax Credit (NMTC) Coalition provided an updated analysis of U.S. Department of Treasury data on the investment and creation of ...


Nov 03, 2017, 11:32 ET House Proposed NMTC Repeal Would Devastate America's Most Distressed Communities

The House Ways and Means tax reform proposal released on Thursday by the majority demonstrates an appalling disregard for low-income rural and urban...


Oct 18, 2017, 15:07 ET Thousands of Organizations Urge Congress to Save NMTC in Tax Reform

Today, the New Markets Tax Credit (NMTC) Coalition sent a letter addressed to the House Ways and Means Committee and its Chairman, Kevin Brady...


Sep 27, 2017, 13:52 ET Republican Tax Framework Leaves Economic Future of Distressed Communities in Uncertain Situation with Omission of the NMTC

The NMTC Coalition was disappointed that the Republican Tax Framework released by Republican leadership left out the federal New Markets Tax Credit...


Aug 01, 2017, 19:51 ET Independent Report Finds NMTC Program Meets, Exceeds Program Objectives

The NMTC Coalition was pleased to see a new independent report commissioned by the U.S. Department of the Treasury's CDFI Fund to evaluate the...


Jun 07, 2017, 08:32 ET Coalition Releases 2017 New Markets Tax Credit (NMTC) Progress Report

The New Markets Tax Credit Coalition today released its 2017 New Markets Tax Credit (NMTC) Progress Report the thirteenth edition of the...


May 02, 2017, 16:38 ET Treasury's CDFI Fund Announces Availability of New Markets Tax Credits for 2017

The NMTC Coalition was pleased to see the U.S. Department of the Treasury release the Notice of Allocation Availability (NOAA) today for the New...


Apr 18, 2017, 11:02 ET U.S. Sen. Steven Daines Sees the NMTC at Work during Tour of New Universal Athletic Headquarters in Bozeman

U.S. Senator Steven Daines toured the new corporate headquarters of Universal Athletic Services on Monday. Senator Daines was also joined by Bozeman...


Mar 23, 2017, 15:58 ET New Markets Tax Credit Briefing Demonstrates Credit's Success in Rural and Urban Communities

The NMTC Coalition hosted a briefing on Capitol Hill yesterday to share information on the impact of the New Markets Tax Credit (NMTC) in rural and...


Feb 16, 2017, 13:19 ET House and Senate Members Move to Make New Markets Tax Credit Permanent

Legislation was introduced in the House and Senate to secure the future of the New Markets Tax Credit (NMTC). Congressman Pat Tiberi (R-OH) and two...


Feb 07, 2017, 09:38 ET Some 2,000 Businesses, Banks and Nonprofits Call for New Markets Permanency

Today some 2,000 groups that have seen the New Markets Tax Credit at work in their communities sent a letter to Congress, calling on it to enact...


Nov 17, 2016, 05:01 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, 01:17 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, 02:27 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, 01:59 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 release of...