LISC National
Mission Who We Are
 
Who We Are

Mission


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 $900 million into real estate developments and businesses in distressed communities.

We are part of the Local Initiatives Support Corporation (LISC), one of the nation's largest community development organizations.

LISC provided New Markets Tax Credit financing to Petersburg Library in Petersburg, VA.
LISC provided New Markets Tax Credit financing to Petersburg Library in Petersburg, VA.

Background

We closed our first New Markets Tax Credit transaction on behalf of LISC with just one employee in 2004. Since then, our team has grown to 25. We now manage LISC's $993 million NMTC portfolio and have expanded our services to include NMTC services for other allocatees, fund management, and business financing.

Throughout all of our work is a common thread: supporting economic development efforts that improve the lives of low-income residents and underserved individuals. We finance small businesses turned down by banks, health clinics in medically underserved areas, community facilities providing social services, education, and recreation to residents, businesses looking to set up shop in low-income neighborhoods and create jobs, and more. We use our experience to help other organizations-banks, CDFIs, foundations, investors-achieve similar community outcomes.