Archive

Congratulations to this year’s New Markets Tax Credit (NMTC) allocation award winners! Though we did not receive an allocation this round, NTCIC remains committed to supporting transformational historic preservation projects nationwide.

WASHINGTON, D.C., September 1, 2021 – The National Trust Community Investment Corporation (NTCIC) is proud to announce the successful financial closing of the Mill House, the final phase of the historic Revolution Mill Complex revitalization in Greensboro, North Carolina. The $37.

Architectural Digest recently highlighted Cool is Everywhere, a new book from photographer Michel Arnaud which showcased incredible adaptive reuse projects across the country.

Since the widespread onset of COVID, asset management teams like those at National Trust Community Investment Corporation (NTCIC), a tax credit syndicator and community development entity (CDE), have been supporting projects and investors facing myriad challenges.

The New Markets Tax Credit (NMTC) program is a large, long-standing, place-based program that provides federal tax credits to attract private investment into low-income communities.

WASHINGTON, D.C., April 1, 2021 – The National Trust Community Investment Corporation (NTCIC) announces its 200th tax credit investment to support the restoration of the Huntington Theatre in Boston, Massachusetts.

WASHINGTON, D.C., March 15, 2021 – The National Trust Community Investment Corporation (NTCIC) announces the successful financial closing for the first phase of the redevelopment of the historic General Electric (GE) factory complex in Fort Wayne, Indiana.

On February 25th, Reps. Terri Sewell (D-AL) and Tom Reed (R-NY), as well as Sens. Ben Cardin (D-MD) and Roy Blunt (R-MO) introduced the New Markets Tax Credit (NMTC) Extension Act of 2021 (H.R. 1321/S. 456).

WASHINGTON, D.C., February 20, 2020 – The National Trust Community Investment Corporation (NTCIC) announces the successful financial closing for the development of the historic American Snuff Factory warehouse in Memphis, Tennessee. The $58.

Recently, the Novogradac Journal of Tax Credits presented the winners of the 2020 Community Development QLICI of the Year awards, which included the NTCIC supported 683 Northland development in Buffalo, New York.