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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.

NTCIC’s immediate past Chairman, Irvin Henderson, recently sat down with Novogradac & Company to discuss how the collaborative efforts of preservationists, advocacy networks, and financial institutions are saving treasured cultural spaces and how tax credit investments are helping to creat…

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.

SAN FRANCISCO—National Trust Community Investment Corporation (NTCIC) is proud to announce that it has been awarded a Novogradac Journal of Tax Credits 2020 QLICIs of the Year Award for its investment in 683 Northland in Buffalo, N.Y., using new markets tax credits (NMTC).

July 15, 2020 The National Trust Community Investment Corporation (NTCIC) is pleased to announce that we have been awarded $50 million in New Markets Tax Credit (NMTC) allocation authority by the CDFI Fund of the U.S. Treasury Department.

Originally published and featured in the Novogradac Journal of Tax Credits COVID-19 Issue Using tax credits to support Main Street-oriented real estate presents a unique set of challenges and opportunities.

NTCIC will be attending the upcoming Novogradac New Markets Tax Credit Conference from January 30 – 31 to connect with industry colleagues, discuss the deployment of the Irvin Henderson Main Street Revitalization Fund, and the future of the incentive.

A First-Hand Look at Project Impacts As part of our fall board meeting, NTCIC’s board of directors recently visited several NTCIC projects, gaining a first-hand look at the full life cycle of the impact of these Historic Tax Credit (HTC) and New Markets Tax Credit (NMTC) investments.

With the New Markets Tax Credit (NMTC) application season in full swing, Novogradac will be hosting its annual NMTC conference in Austin, Texas from October 17 – 18.