Letter: NMTC program brings jobs and economic development to North Dakota – Let’s make it permanent Steve M. Dusek, president and CEO of DBL Equity Partners / Dakota Business Lending, urges ...

Thankfully, a bipartisan tax credit program exists to help bring capital to underserved urban and rural communities that find difficulty in attracting this type of funding — the New Markets Tax ...

One of the most powerful effects of the NMTC program is the creation of good-paying, quality jobs, which is a cornerstone of economic growth and the long-term stability of our communities.

The New Markets Tax Credit (NMTC) Program is one of the few federal initiatives that brings public and private investment directly into communities that need it most.

The NMTC program was established in the Community Renewal Tax Relief Act of 2000 (PL 106-554) and has been extended by Congress eight times since its original authorization in 2000.

Over the 20-year history of the NMTC program, CDA has been awarded a total of $265 million in credits. At the close of 2020, the NMTC was set to expire. Instead, it received a five-year, $25 billion ...

The New Markets Tax Credit (NMTC) Program is one of the few federal initiatives that brings public and private investment directly into communities that need it most.

In Georgia alone, the NMTC program has helped 171 projects, facilities, and businesses, including adding 16,300 permanent FTE jobs and 15,500 temporary FTE construction jobs, with $4.8 billion in ...

I’ve worked with the New Markets Tax Credit (NMTC) program and seen what it can do. It helped bring one of the most iconic buildings in Helena back to life. For more than a century, ...

This latest award brings a total of $95 million in additional economic development funding to Atlanta within the last two years through the city’s NMTC program, the city announced Wednesday.

Without the NMTC program, they likely would have moved the project elsewhere. Instead, they stayed. That decision kept more than 200 employees working in the heart of the city.