To all that we serve,
In response to this historic moment our world is facing, we at NTCIC want you to know we are still hard at work, saving places, supporting communities, and fighting for a sustainable future. To protect the health and safety of our employees, their families, and the communities we serve, NTCIC transitioned to a completely virtual work environment last week.
We are working with our partners to ensure projects currently in the closing process remain viable and continue to seek new investment opportunities across all business lines. Our asset management team is (and will remain) in consistent communication with both our existing projects and our investors to provide continuous support.
Our public policy team leads from the front lines. We are working with our affiliates and national coalitions to amplify the economic contribution of community development incentives and ways these programs might be modified or enhanced to spur revitalization, job creation, and provide both nonprofit organizations and small businesses with access to capital.
While we consider the impact that COVID-19 may have on our own business, we are acutely aware of how disruptive this is to the communities in which we invest. Since 2000, NTCIC has supported the development and revitalization of over 150 historic places, many of which are now home to nonprofit organizations and groups that dedicate themselves to providing education, training, shelter, and medical services to the most vulnerable among us. In just the last few days, many of these organizations and small businesses have been forced to drastically shift their activities to meet the new needs of their participants, or close their doors entirely until the pandemic subsides. As the effects of COVID-19 continue to shape our own daily lives, we encourage you to join us in considering how you can support your local businesses and community organizations that are disproportionately affected by this crisis.
Our colleagues at the National Main Street Center are maintaining a collection of available resources focused on how to support local businesses and to discuss how communities across the country are responding to the pandemic.
Be safe and be well all. Our hearts are with you.
From Merrill and the NTCIC Team