Posts Tagged ‘New Markets Tax Credit Coalition’

President’s FY’14 Budget Would Make NMTC Permanent at $5 billion in Allocation Authority

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WASHINGTON, April 17, 2013 – The New Markets Tax Credit (NMTC) Coalition commends President Obama for his call for a permanent extension of the NMTC.  By permanently extending the NMTC, President Obama would ensure that low income communities continue to receive billions in capital for new community facilities, businesses and revitalization projects while also generating a significant return on investment [...]

Looking Over the Fiscal Cliff

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As the “fiscal cliff” looms, it’s likely that major cuts in government programs will be part of the plan to reduce the federal budget deficit. As the nation waits to see where the cuts will fall, Finance Fund is actively making the case for reauthorization of the federal New Markets Tax Credit (NMTC) program  alongside [...]

$13+ Million in NMTC Helps Muskingum Rec Center Break Ground

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Attending groundbreaking events is a favorite aspect of my work at Finance Fund. Today, I traveled to Zanesville to kick-off construction of the Muskingum Recreation Center – a long-awaited community health and fitness facility that will drive jobs and economic development to the area. When it comes to financing projects such as this one, Finance [...]

US Congress Works to Ensure New Market Tax Credits (NMTC) Extension and Small Business Tax Provisions

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Finance Fund utilizes the New Markets Tax Credits (NMTC) program to fund many worthy projects in some of the most distressed areas of Ohio. In fact, as shared in previous posts, we have more than $50 million in NMTC for development projects throughout the state. We’ve had several NMTC success stories in the past few [...]


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