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Lawmakers, Community Development Leaders Celebrate NMTC 20th Anniversary as Tax Credit Extension Deadline Looms

Share: WASHINGTON, Dec. 10, 2020 /PRNewswire/  Tax policy trends and plans for 2021 were the focus as the New Markets Tax Credit (NMTC) Coalition held its annual NMTC Conference yesterday. The event, held virtually for the first time, saw record attendance and featured several members of Congress, former Clinton and Obama officials and the CDFI Fund Director as keynote speakers and marked the 20 th Anniversary of the law establishing the New Markets Tax Credit (NMTC). The Community Renewal Tax Relief Act was signed into law by President Bill Clinton on December 21, 2000.   The conference also included insights from NMTC experts and featured the release of a new report,

Oklahoma Watch: High Prices Still a Concern After An Oasis Fills Northeast OKC s Food Desert | News

Close Mayor David Holt speaks at the groundbreaking of a new grocery store on Oct. 1 in northeast Oklahoma City, which has been a food desert for decades. The city is working to invest more in the area through a “Northeast Renaissance” effort. breaking By Supriya Sridhar | Oklahoma Watch Dec 9, 2020 Dec 9, 2020 Mayor David Holt speaks at the groundbreaking of a new grocery store on Oct. 1 in northeast Oklahoma City, which has been a food desert for decades. The city is working to invest more in the area through a “Northeast Renaissance” effort. Talia Foreman travels an hour to get milk. The northeast Oklahoma City resident doesn’t have a car and lives in an area with limited access to healthy and affordable food. Foreman takes a $4 dollar bus ride to Walmart in Del City for groceries. She shops for herself and three children, so the burden of carrying four to six bags on a bus limits what she can buy.

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