by Allison Kelly | Jan 5, 2017 | Advocacy, New Markets Tax Credits
From our Partners at the New Markets Tax Credit Coalition: At the end of 2015, as part of the PATH Act, the New Markets Tax Credit (NMTC) was extended for five years through 2019. However, this year, Congress is considering a tax overhaul that could put the five-year...
by Allison Kelly | Jan 4, 2017 | Grow America News
Today the National Development Council (NDC) announces the promotion of Daniel Marsh III to President and CEO of the organization effective January 1, 2017. Mr. Marsh started at NDC in 1986, and has been instrumental in growing the organization into the most...
by Allison Kelly | Dec 20, 2016 | Advocacy, Social Infrastructure
NDC is a member or the Municipal Bonds for America Coalition. Last Monday, MBFA sponsored a meeting to discuss tax reform and the Trump infrastructure proposal, where the group decided to send a letter to all House Ways & Means Republican Members urging them to...
by Allison Kelly | Dec 2, 2016 | Advocacy, Grow America News, Small Business Lending, Technical Assistance
URBAN LEAGUE, MORGAN STANLEY, NATIONAL DEVELOPMENT COUNCIL & CUYAHOGA COUNTY PARTNER TO LAUNCH HISTORIC INITIATIVE TO PROVIDE MINORITY OWNED BUSINESSES WITH GREATER ACCESS TO CAPITAL Cleveland, OH – A unique collaborative of organizations and institutions has...
by Allison Kelly | Nov 21, 2016 | Affordable Housing, Technical Assistance
November 21, 2016- NDC Corporate Equity Fund XII announced a LIHTC closing for the $7.2 million acquisition and rehabilitation of 40-units of affordable rental housing for Families in Gloversville, NY. Kingsborough Apartments was completed in partnership with The...