Today, the New Markets Tax Credit Coalition published a new report on the economic impact of the New Markets Tax Credit (NMTC) from 2003 to 2015. This is the third edition of the NMTC Economic Impact Report, which is authored by Rapoza Associates on behalf of the NMTC Coalition. The report analyzed U.S. Department of Treasury data and survey data from 5,000 projects financed by the Credit. It shows that in addition to creating more than one million jobs, the NMTC has touched the lives of millions more individuals, from the 17 million patients served by NMTC-financed healthcare projects to the nearly 250,000 students and children attending NMTC-financed schools or cared-for in early-childhood learning centers.
To read the full report, please click here