written on April 17th, 2013 | by James R. Klein
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 [...]
Tags: community revitalization, economic development, federal government, Job creation, Jose Villalobos, low income communities, New Markets Tax Credit, New Markets Tax Credit Coalition, permanent authorization, permanent extension, President Barack Obama, return on investment, unemployment, USGAO
Posted in Community Development, New Markets Tax Credit, Uncategorized | No Comments »
written on December 6th, 2012 | by Amanda Hoyt
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 [...]
Tags: 2012 Public Affairs Pulse Survey, CDE, Community Development, community investment, fiscal cliff, New Markets Tax Credit, New Markets Tax Credit Coalition, tax credits
Posted in Commentary, Community Development, Job Creation, New Markets Tax Credit, Uncategorized, Workforce | No Comments »
written on November 14th, 2012 | by Moniqua Spencer
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 [...]
Tags: community health and fitness facility, Congress, economic development, financing, Jobs, loans, Muskingum Recreation Center, New MarKet Tax Credit Renewal, New Markets Tax Credit, New Markets Tax Credit Coalition, Zanesville
Posted in Community Development, Job Creation, New Markets Tax Credit, Uncategorized, Workforce | No Comments »
written on May 17th, 2010 | by James R. Klein
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 [...]
Tags: Alternative Minimum Tax, AMT, Build America Bonds, Community Renewal Tax Relief Act, Finance Fund, HR 4213, HR 4849, James Klein, New Markets Tax Credit, New Markets Tax Credit Coalition, NMTC, Recovery Act, Tax Extenders Act of 2009, US House of Representatives, US Senate
Posted in Uncategorized | No Comments »