NMTC Program Receives Permanency

The New Markets Tax Credit (NMTC) has been made permanent by the U.S. Congress in H.R.1 on July 3, 2025. “We owe a great deal of gratitude to Senator Crapo (R-ID), Senator Daines (R-MT), Rep. Jason Smith (R-MO), and Rep. Tenney (R-NY) for championing the Credit throughout the reconciliation process, as well as to all the members of the House and Senate who have supported the NMTC through the years,” said Bob Rapoza, spokesperson for the NMTC Coalition.

To read the press release from the NMTC Coalition, please click here.