The US Treasury–CDFI Fund today announced a $63 million New Markets Tax Credits allocation for NDC. The award brings to $549 million the amount of allocations received by NDC since inception of the NMTC program.
Opportunities for job-training and employment in the newly emerging solar energy industry are among the most important economic benefits of the Cincinnati Zoo and Botanical Gardens solar voltaic installation that is now under way.
Washington Biomedical Research Facility 3.1 (WBRF 3.1) is the first sub-phase of a development adding to the existing Biomedical Research Campus on South Lake Union, just north of Downtown Seattle.
At its New Markets Tax Credit Investors’ Conference in Chicago, IL last October, the Novogradac Community Development Foundation recognized two NDC projects at its Third Annual Community Development Awards: Stadium Thriftway in Tacoma, WA and the SL Green StreetSquash Center in Harlem in New York, NY.
NDC’s allocation from the federal New Markets Tax Credit (NMTC) Program made possible a variety of projects all across the country in 2010.
NMTCs Make It Happen The Ed Roberts Campus (ERC) in Berkeley, CA is making news in the February 2011 issue of Tax Credit Advisor magazine. Financed in part with NMTCs through NDC’s HEDC New Markets, Inc. , ERC is a model for transit-oriented development and a perfect example of the positive impact of the NMTC.
A New Markets Tax Credit Coalition report marks the first ten years of what has been called the most important Federal resource for community development in three decades.
Rochester, NY native Philip Seymour Hoffman narrates the story of the renovation and expansion of the historic Eastman Theater, financed in part with New Markets Tax Credits through NDC’s HEDC-New Markets, Inc. View the YouTube video.