NMTC Coalition publishes report on the impact of NMTCs on Rural America

September 18, 2017  |   CDVCA Ventures Blog   |     |   Comments Off on NMTC Coalition publishes report on the impact of NMTCs on Rural America

The NMTC Coalition released its 2017 report on the impact of New Market Tax Credits (NMTCs) on Rural America. According to the report (relying on data from 2003-2014), the NMTC program has financed over 800 projects and generated almost 50,000 full-time jobs. Also, for the same period,  $4.8 billion in funding, or 27% of total financing in rural communities, was allocated to projects in the manufacturing and industrial sector. To download this NMTC Coalition impact report, click here.