Journal Article

The political history of and prospects for reauthorizing new markets


Abstract: Mr. Roberts, the Local Initiatives Support Corporation?s Vice President for Policy, is at the forefront of efforts to renew the NMTC program. This article combines his recent political experience with an analysis of the political history of the NMTC program. The across-the-political-spectrum popularity of the program, combined with its growing effectiveness, good reputation, and adept lobbying efforts bode well for a successful renewal fight that is currently underway in Congress.

Keywords: Tax credits; Community development corporations; Economic development;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: Community Development Innovation Review

Publication Date: 2005

Issue: 1

Pages: 21-32