- Who We Are
- What We Do
- Our Impact
- Opportunity Zones
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 $950 million into real estate developments and businesses in distressed communities.
We are a subsidiary of the Local Initiatives Support Corporation (LISC), one of the country's largest community development financial institutions. NMSC and LISC are currently working towards the successful implementation of the new Opportunity Zones program, providing guidance through its inaugural stages and access to resources and tools.
LISC New Markets project, Barnett Tower, is featured in the May 2018 issue of the Novogradac Journal of Tax Credits. Vacant for decades, the former largest bank in Florida will be converted into commercial space and affordable housing in downtown Jacksonville.
A thoughtful piece by Enterprise Community Partners president Laurel Blatchford on the potential of Opportunity Zones - good and bad - and what states and communities can do now to ensure this new economic development tool works for residents of low-income communities, and not against them.
LISC CEO Maurice A. Jones testified before the Joint Economic Committee of Congress this week, urging its members to implement Opportunity Zones in ways that will truly benefit Americans in underinvested communities. The policy can spur billions in private investment in the country’s most distressed census tracts and play a major role in closing the opportunity gap, he said. But we need federal tax incentives and other strategies to help the program succeed.