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Barr: Supporting Investment in Communities: The First 25 Years of the New Markets Tax Credit
Thank you for asking me to be part of this celebration of 25 years of the New Markets Tax Credit (NMTC) and also the historic achievement of its permanent extension. I consider the credit a great achievement for communities all across the United States. I'm honored to be here with you celebrating its legacy of bringing jobs and opportunity to lower-income communities—a lasting impact that benefits all Americans. Before I talk about the NMTC itself, let's go back and remember some history of how it came about. In the 1990s, there was a lot of partisan conflict about federal anti-poverty programs. President Clinton ... (full story)
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