$4.1 Billion in New Markets Tax Credits Goes to Major Urban Areas

A grocery store in northwest Detroit, where 70 percent of customers utilize the Supplemental Nutrition Assistance Program (SNAP), or food stamps. A historic former commercial garage in North Philadelphia turned into mixed-income housing, small business incubator space and a high-quality childcare facility. A brand-new northeast Washington, D.C., building where 300 adult students annually will receive job training, 30 homeless and low-income families will have affordable housing, an additional 172 homeless and low-income individuals will have affordable housing, and 10,000 women and children per year will have comprehensive medical and dental care.


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