Advocates Lobby Congress to Strengthen New Markets Tax Credit


Thousands of businesses, investors, nonprofit organizations and community leaders urged Congress to keep the New Markets Tax Credit (NMTC).

The NMTC increases capital stream to businesses and development projects in low-income areas across the country by providing a modest tax incentive to private investors. The critical need for the NMTC is highlighted by federal investment trends.


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Chris Blackwood is the founder of Helping Neighbourhoods Implement Change, a social enterprise that offers transformational mentoring to help change the lives of at-risk youth within the Canadian society.




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