Enterprise Community Partners has received $90 million in New Markets Tax Credits allocation through the U.S. Department of the Treasury’s NMTC program. This historic round — the largest in the program’s history — will stimulate economic growth and empower private-sector investment in economically distressed communities across the country.
“This allocation comes at a critical time for communities that have long lacked access to capital,” said Elise Balboni, executive vice president of Lending and New Markets Investments at Enterprise. “It will allow Enterprise to finance projects that not only create jobs but also provide essential services — like healthcare facilities and community spaces — that strengthen the fabric of local economies.”
Enterprise is one of 142 awardees nationwide and among just 13 organizations to receive $90 million, placing it among the top recipients in the competitive process. The allocation is also the organization’s largest since 2008.
“The NMTC program is about opportunity, from rural hospitals to economic hubs,” said Leah Rogan, senior director of structured finance for Enterprise’s NMTC business. “These investments become anchors for growth, attracting businesses, creating employment, and giving residents access to resources they need to thrive. We’re excited to put this allocation to work in 2026 and beyond.”
Since the inception of its NMTC business, Enterprise has deployed more than $1.1 billion in NMTC allocations — leveraging more than $5.2 billion in total development costs, creating 37,800-plus jobs, and facilitating more than 1.6 million health care visits. With this new award, Enterprise will continue to partner with investors, developers, and community organizations to deliver transformative projects in economically distressed areas nationwide.
