ICYMI, one of the big takeaways is that this could be a banner year for #NMTC investment in American Indian, Alaska Native and Native Hawaiian communities. We project about $330 million (6.6%) based on past investment patterns.
Federal bank agencies proposed rescinding the 2023 CRA final rule and replacing it with the prior CRA regulations adopted by the agencies in 1995, with certain technical amendments. Read more at https://t.co/2ujnKEs9FG
"New Markets Tax Credit continues to be an efficient and powerful tool that drives impactful investments to low-income communities." Let’s extend #NMTC, which creates jobs across America. See the new @NMTCCoalition Progress Report here: https://t.co/zShSvlNrDS
The New Markets Tax Credit Coalition today released its 2025 New Markets Tax Credit (NMTC) Progress Report, the 21st edition of the report-providing analysis of #NMTC activities in 2024. https://t.co/YuD0Ac4s2p
With the passing of Habitat for Humanity champion President Jimmy Carter, worth mentioning that the #NMTC has financed quite a few Habitat builds, including the Carter Work Site Project https://t.co/BmGNkDD3UP via @NmtcSmith
"1.2 million jobs have already been created and we can create even more if we can make the NMTC permanent," @RepTenney underscores during her keynote address.
The community development teams at the @newyorkfed, @philadelphiafed and the @ClevelandFed each conducted studies shedding light on communities’ vulnerabilities and their flood-risk exposure. Check out this blog to explore their findings. https://t.co/KzayAMyRaG