NMTC Coalition Circulates Sign-On Letter in Support of Permanently Extending the Program

The New Markets Tax Credit (NMTC) Coalition is circulating an organizational sign-on letter to show support for preserving the Credit as it approaches the end of its authorization in December 2019. The NMTC is a proven and effective tool for generating investment and job growth in low-income communities across the country. Between 2003 and 2015, NMTC investments directly created over one million jobs and leveraged nearly $80 billion in capital investment in credit-starved businesses in communities with high poverty and unemployment rates. It is critical that Congress act to extend NMTC authority before it expires at the end of 2019. Join the NMTC Coalition sign-on letter before February 8.

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