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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 ...
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.
The Market at 25th is at the heart of a larger redevelopment plan for the Church Hill neighborhood, serving as a catalyst for the community’s dormant commercial corridors, supplying an abundance of employment opportunities and supporting community activities, churches and schools by providing a percentage of pre-tax profits to the neighborhood.