What NMTC does

The New Markets Tax Credit Coalition is a national, membership-based advocacy organization founded in 1998 (originally as the Community Development Tax Credit Coalition) and headquartered in Washington, D.C. Its core mission is to promote and protect the federal New Markets Tax Credit (NMTC) program, a tax incentive established in 2000 that channels private investment through Community Development Entities (CDEs) into low-income urban neighborhoods and rural communities. The Coalition does not itself generate revenue from the tax credit; it serves as the convening body and public advocate for CDEs, investors, community development organizations, and policymakers, and provides educational content, research reports, congressional district and state fact sheets, a project database, and an Advocacy Toolkit supporting legislative permanence and expansion.

The Coalition's product surface is fundamentally non-technological: its offerings consist of policy advocacy, member communications, an annual December Conference, Congressional Site Visits, fact sheets, case studies, and a searchable project database. Go-to-market is community-led and policy-driven rather than commercial: it mobilizes CDEs, CDFIs, investors, and bipartisan congressional champions (notably Senators Crapo and Daines, and Reps. Jason Smith and Tenney) to secure legislative outcomes, most recently the permanent extension of the NMTC in H.R.1, signed July 3, 2025. Following permanence, the U.S. Treasury awarded $10 billion in new NMTC Allocation on December 23, 2025, reinforcing the program's $143 billion cumulative investment and 1.2 million jobs generated since inception.

The Coalition is governed by a Board of Directors (Board President: Phil Glynn) with Bob Rapoza serving as spokesperson. It operates with a small staff (1-10 employees) and serves the U.S. NMTC ecosystem spanning all 50 states, D.C., and U.S. territories. The "customers" of the program it advocates for span a diverse mix of CDEs, investors, manufacturers, healthcare providers, nonprofits, grocery operators, and community facility developers — with no traditional revenue concentration risk for the Coalition itself.

Name

NMTC

Legal name

New Markets Tax Credit Coalition

Website

https://nmtccoalition.org

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

The New Markets Tax Credit Coalition is a Washington, D.C.-based national membership organization that advocates for the federal NMTC program, which channels private investment into low-income urban and rural communities through certified Community Development Entities.

Ownership category

akta.pro rank

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Tax Credit Program Administration: The NMTC provides tax credits to private investors who invest in Community Development Entities (CDEs) that finance projects in low-income communities. The coalition itself does not generate revenue but advocates for the continuation and expansion of the program.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

The New Markets Tax Credit Coalition is a national membership organization that advocates for the New Markets Tax Credit (NMTC), a federal tax credit program established in 2000 to stimulate private investment in low-income urban and rural communities. The Coalition engages in advocacy, education, outreach, and research to promote the program, which has leveraged $143 billion in capital investment and created 1.2 million jobs through Community Development Entities (CDEs) since inception.

Product overview

The New Markets Tax Credit Coalition is a policy advocacy organization (not a technology product company) that promotes and supports the New Markets Tax Credit (NMTC) program—a federal tax credit that stimulates private investment in low-income communities. The Coalition's offerings consist of informational and advocacy resources: the core NMTC program (a tax incentive administered by the CDFI Fund that delivers capital to underserved areas), a Project Database showcasing funded projects, Research and Reports including annual Progress Reports, State and Congressional District Fact Sheets, educational videos explaining How the NMTC Works, and an Advocacy Toolkit supporting legislative efforts for program extension and permanence.

Differentiator

Problem solved

Functional benefit

Products and services

• NMTC Program Advocacy Core advocacy and policy work promoting the New Markets Tax Credit, a federal tax incentive that stimulates private investment in low-income urban and rural communities. The Coalition mobilizes community development organizations, CDEs, and investors, and advocates for legislative extensions and permanence.
• NMTC Coalition Membership Membership program for community development organizations, CDEs, investors, and other stakeholders that provides access to coalition resources, networking, and participation in advocacy campaigns for the NMTC program.

Quantifiable outcome

• $143 billion in total capital investment generated
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Senator Crapo (R-ID), Senator Daines (R-MT), Rep. Jason Smith (R-MO), Rep. Tenney (R-NY)coreOthers · 3 July 2025Key congressional champions who advocated for the permanent extension of the NMTC throughout the reconciliation process in 2025.
• CDFI Fund (Community Development Financial Institutions Fund)coreOthersThe NMTC program is administered by the U.S. Department of Treasury's CDFI Fund. The CDFI Fund certifies CDEs, awards NMTC allocations through competitive rounds, and monitors compliance.
• Community Development Financial Institutions (CDEs) NetworkcoreStrategic or Co-development PartnerNetwork of certified CDEs including major entities like Finance Fund, PNC, Enterprise Community Partners, USBCDE, CAHEC, and many others that deploy NMTC financing to projects nationwide.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Others

• Living Cities: Collaborative of foundations and CDFIs focused on urban community development. Operates in the same ecosystem, engages in related advocacy, and works with many of the same CDE members as the NMTC Coalition.
• NeighborWorks America: Congressionally chartered national network of community development nonprofits and intermediaries. Comparable mission of supporting underserved communities through capital and capacity, with overlapping member organizations.
• Enterprise Community Partners: National CDFI and community development intermediary that deploys NMTC allocations directly and is a listed Coalition partner. Operates at a much larger scale but is a key ecosystem participant in the same value chain.
• LISC (Local Initiatives Support Corporation): Major national CDFI that finances community development in underserved areas using NMTC and other tools. A major deployer within the NMTC ecosystem and a comparable scale of institutional community development player.
• Low Income Investment Fund (LIIF): National CDFI financing community facilities, housing, and services in low-income communities, often using NMTC. Operates as a deployer within the same ecosystem and works closely with Coalition member CDEs.

Direct peers

• National Association for Community Development Loan Funds: Membership association for CDFI loan funds active in distressed communities, focused on policy advocacy, peer learning, and field-building - a structurally similar coalition serving overlapping member constituencies.
• CDFI Coalition: National advocacy coalition representing CDFIs and the CDFI Fund, the federal program that administers NMTC allocations. The most direct comparable in terms of mission, structure, and Washington, DC-based advocacy model.
• Council of Development Finance Agencies: National association of state and local development finance agencies that deploy tax credits, bonds, and other incentives for community development. Shares the NMTC Coalition's role as a policy advocate and informational resource hub for place-based finance.

Broad incumbents

• National League of Cities: Advocacy and membership organization for US municipal governments, many of which are direct beneficiaries of NMTC-funded projects. Engages in overlapping federal policy advocacy relevant to community development tax credits.
• National Council of Nonprofits: National network of nonprofit organizations advocating on tax, regulatory, and funding issues affecting the charitable sector. Broader in scope than the NMTC Coalition but operates a comparable advocacy and member-services model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC1W8UUkNXKRWeG_jd07KVbw
• Instagraminstagram.com/nmtccoalition
• Xx.com/nmtccoalition
• Facebookfacebook.com/nmtccoalition
• LinkedInlinkedin.com/company/nmtc-coalition

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NMTC