New Markets Support Company
New Markets Support Company (NMSC) delivers creative financing solutions to empower underserved communities across the country. We increase access to capital by tailoring our products and services to meet the needs of our clients and partners. Over the past 15 years, we've invested more than $1 billion in distressed communities. We are a subsidiary of the Local Initiatives Support Corporation (LISC), one of the country's largest community development financial institutions.
Learn more about our impact in our 2018 Annual Impact Report.
News and Stories
From National LISC:
5.23.2019
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In the News,
New Markets Tax CreditsU.S. Treasury Awards $60 Million in New Market Tax Credits to LISC
The Community Development Financial Institutions (CDFI) Fund, part of the U.S. Treasury Department, announced the recipients of $3.5 billion in New Markets Tax Credit (NMTC) allocations for 2019. The awards include $60 million for LISC, which will be deployed through its subsidiary, the New Markets Support Company (NMSC). Since its inception, NMSC has harnessed $1 billion in tax credits to offer flexible capital for projects that benefit low-income communities across the country—projects ranging from Cincinnati’s CityLink Center, home to 15 social service agencies, to a health clinic-plus-grocery store in Brockton, Mass. to the public library in Petersburg, Va.
5.21.2019
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LISC Stories,
Borrower Spotlights,
Business Financing,
Fund Management,
New Markets Tax Credits
Annual Impact Report 2018
At NMSC, we invest and help our partners invest in impactful, empowering projects in low-income communities throughout the country. Our Annual Impact Report tells the story of our 2018 impacts on both fronts, from our focus on job creation and rural development to the impact of our clients through our growing partner services business.
5.20.2019
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LISC Stories,
Borrower Spotlights,
Business Financing,
Fund Management,
New Markets Tax Credits
Aura Fabricators: Annual Impact Report 2018
NMSC provided favorable financing to Aura through our Bremer Bank Loan Fund to purchase new equipment and accommodate further expansion into new products and business lines. The New Markets Tax Credt (NMTC)-enhanced loan fund is dedicated to supporting small businesses in the rural Midwest.