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Report: NMTC Benefits Rural Communities

Tuesday, July 25, 2017 - 9:00AM

The new markets tax credit (NMTC) financed 817 businesses, community facilities and other revitalization projects in rural America from 2003 to 2014, generating $11.6 billion in investment and creating more than 21,000 construction jobs and nearly 50,000 full-time jobs, according to a report issued today by the New Markets Tax Credit Coalition. More information can be found at the NMTC Coalition’s new web page focused on rural development.

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