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Vocatus is Named a Finalist in the WealthManagement.com 2025 Industry Awards for Best Client PR Campaign

Vocatus

Vocatus, a leading communications and marketing firm serving the financial services industry, announced that it has been named a finalist in the Wealth Management 2025 Industry Award (the “Wealthies”) for Best Client PR Campaign. For the second year in a row, Vocatus has received the recognition, which centers on its work on behalf of Callan Family Office, a registered investment advisor serving ultra-high-net-worth families, family offices, foundations and endowments. In addition to its own accolade, Vocatus’ clients are finalists in 19 categories at the prestigious Wealthies in 2025. “We are honored and humbled by this recognition, but even more so, we feel immense gratitude to our clients who have placed their trust in us and given us the opportunity to share in their success,” said Ray Hennessey, Chief Executive Officer of Vocatus. “I want to thank my team and our industry peers for this honor. As we approach our three-year anniversary, I could not be prouder of what we’ve built and the opportunities yet to come.” Founded in 2022, Vocatus serves dozens of clients, from startups to some of the most established names in the financial services industry. Earlier this, Vocatus was awarded the Best Marketing or PR Campaign at the Family Wealth Awards. Last year, it was named a finalist in several well-known wealth management awards, including the WealthManagement.com Industry Awards and ThinkAdvisor Luminaries. Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support ﬁnancial advisor success. A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the ﬁnalists and will determine the winners. Each year, the Wealth Management Industry Awards recognize the ﬁrms and individuals who are making a real diﬀerence to the daily activities of ﬁnancial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th. “The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the ﬁnancial services industry,” said David Armstrong, director of editorial strategy and operations. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.” About Vocatus Vocatus is a leading communications, marketing and public relations firm, serving the financial services industry. With specialists across media and journalism, Vocatus provides high-level support to individuals and businesses, including wealth management firms, asset managers, fintech companies and business service providers. Contact Details Christina Diabo +1 201-400-7239 cdiabo@vocatusllc.com

June 05, 2025 09:10 AM Eastern Daylight Time

Callan Family Office Named a Finalist in Four Categories for the 2025 WealthManagement.com Industry Awards

Callan Family Office

Callan Family Office, a registered investment advisor serving ultra-high-net-worth families, family offices, foundations, and endowments across the United States, today announced it has been named a Finalist in four categories for the 2025 WealthManagement.com Industry Awards. Callan Family Office was named a finalist in the Family Office and RIA Client Initiative categories, both recognizing its innovative Tax Overlay program. Additionally, Jack Ginter is a finalist for Chief Executive Officer of the Year for RIAs under $25 billion in assets under management, and Dan Burke is a finalist for Chief Technology Officer of the Year. “We are thrilled to be recognized in four categories by WealthManagement.com for the Wealthies, which are so well-respected in our industry,” Ginter said. “This recognition affirms our position as an entrepreneurial, independent firm dedicated to serving the unique needs of ultra-high-net-worth families. This honor is a credit to the hard work of our entire team.” Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations, and individuals that support ﬁnancial advisor success. A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the ﬁnalists and will determine the winners, recognizing ﬁrms and individuals who are bringing new innovations to market that make a real difference in the daily activities of ﬁnancial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th. “The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the ﬁnancial services industry,” said David Armstrong, director of editorial strategy and operations. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.” About Callan Family Office Independently owned and operated, Callan Family Office was founded by experienced wealth professionals to provide investment management, thoughtful personalized advice, and holistic financial planning to ultra-high-net-worth families, family offices, foundations, and endowments. The firm's principals have spent their careers serving ultra-high-net-worth families, family offices, and institutions. Callan Family Office has agreements with Callan LLC to use the Callan ® tradename in providing investment advisory services to the ultra-high-net-worth market segment and to access Callan's institutional-quality research, education, and investment experience. Callan Family Office and Callan LLC are independent, unaffiliated investment advisory firms separately registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.[1] About WealthManagement.com WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals. [1] Callan Family Office (CFO) is the exclusive trademark licensee of Callan LLC. Callan LLC provides products and services to CFO. Clients of CFO are not clients of Callan LLC, and the parties are not affiliated. CALLAN, CFO and the other Callan trademarks and service marks are registered and/or unregistered trademarks of Callan LLC and may not be used without its permission. INVESTMENT ADVISORY SERVICES AND PRODUCTS PROVIDED TO CLIENTS OF CFO ARE PROVIDED SOLELY BY CFO AND NOT BY OR ON BEHALF OF CALLAN LLC. REPRESENTATIVES OF CFO ARE EMPLOYEES AND AGENTS OF CFO AND NOT EMPLOYEES OR AGENTS OF CALLAN LLC. Contact Details Christina Diabo +1 201-400-7239 cdiabo@vocatusllc.com Company Website https://callanfamilyoffice.com/

June 05, 2025 09:00 AM Eastern Daylight Time

News Release

Car Garage Expert Reinvents Auto Care in Dubai with Affordable Garage and Service Station Solutions

Car Garage Expert

In a city where quality and cost-effectiveness rarely go hand in hand, Car Garage Expert is redefining automotive service in Dubai by offering affordable, transparent, and professional auto care through its state-of-the-art garage and car service station near me for convenient local access. As car ownership continues to grow across the UAE, many drivers are looking for dependable service partners without the premium price tag. Car Garage Expert answers this demand by blending modern diagnostics, certified mechanics, and fair pricing—all under one roof. “We believe every driver deserves access to honest, high-quality vehicle care—without breaking the bank,” said Mian Muhammad Fahad Malik, CEO of Car Garage Expert. “Our mission is to make professional auto servicing accessible and stress-free for everyone in Dubai.” About Car Garage Expert Car Garage Expert is a trusted name in Dubai’s automotive industry, offering a wide range of auto repair and maintenance services. With a focus on affordability, technical excellence, and exceptional customer service, the company is committed to raising the bar for vehicle care across the city—making it the go-to auto garage near me for many Dubai residents. Contact Details Car Garage Expert Mian Muhammad Fahad +971 55 579 7960 info@cargarageexpert.com Company Website https://CarGarageExpert.com

June 05, 2025 05:39 AM Eastern Daylight Time

News Release

Car Garage Expert Offers Comprehensive Car Repair and Maintenance in Dubai

Car Garage Expert

Car Garage Expert, a trusted vehicle repair shop in Dubai, is proud to announce its comprehensive range of car repair and maintenance services designed to meet the diverse needs of car owners across the city. Known for its commitment to quality and customer satisfaction, Car Garage Expert has quickly become a trusted name in the Repair Dubai industry. At Car Garage Expert, customers can expect professional and efficient services for all types of vehicle repairs. Whether it’s routine maintenance, engine diagnostics, or major repairs, the expert technicians use the latest tools and techniques to ensure every vehicle is restored to optimal condition. As a leading vehicle repair shop, Car Garage Expert understands the importance of reliability and safety, offering transparent pricing and timely service that drivers in Dubai can depend on. “Dubai’s roads demand the highest standards in car repair, and we strive to exceed those expectations,” said Mian Muhammad Fahad Malik, CEO of Car Garage Expert. “Our focus is on delivering exceptional Repair Dubai services that combine quality workmanship with unmatched customer care.” About Car Garage Expert: Car Garage Expert is a trusted vehicle repair shop based in Dubai, offering comprehensive car repair Dubai and maintenance solutions. With a commitment to quality, transparency, and customer satisfaction, the company has established itself as a leader in the Repair Dubai sector. Contact Details Car Garage Expert Mian Muhammad Fahad +971 55 579 7960 info@cargarageexpert.com Company Website https://CarGarageExpert.com

June 05, 2025 05:36 AM Eastern Daylight Time

News Release

Rangeford Investment Announces Strategic Integration of Artificial Intelligence to Enhance Wealth Management Services

Rev Up Marketers

Rangeford Investment, a Luxembourg-based investment advisory firm with trading operations in Hong Kong, today announced the official launch of its artificial intelligence (AI) integration strategy. This initiative is designed to enhance the firm’s investment operations and wealth management capabilities through the adoption of advanced technologies. The integration of AI represents a significant milestone in Rangeford Investment’s mission to modernize financial planning, asset management, and portfolio optimization. By leveraging advanced data analytics and machine learning tools, the firm aims to process large volumes of financial and alternative data more effectively, improving decision-making across key service areas. As part of its AI strategy, Rangeford Investment has partnered with multiple AI technology firms to evaluate and implement cutting-edge applications in areas such as risk analysis, retirement planning, and real-time portfolio management. These efforts align with the company’s upcoming participation in the AI Asian Summit, where it plans to explore additional innovation and partnership opportunities. “Rangeford Investment views the adoption of AI technologies as a critical step in advancing our operational infrastructure,” said Michael Casagrande, Chief Operating Officer at Rangeford Investment. “We are committed to leveraging technology that enhances precision and drives value for our global client base.” To support this digital transformation, Rangeford Investment has expanded its in-house IT department with experienced professionals in AI and data science. This dedicated team will lead the transition from traditional investment models to AI-powered systems, aiming to improve operational efficiency, reduce costs, and enhance client services. “By integrating AI, Rangeford Investment can now offer tailored investment strategies at scale, particularly in fast-evolving markets,” said Eamonn Gallagher, Investment Strategist at Rangeford Investment. “This shift will allow for more comprehensive risk assessments and better-informed asset selection processes.” Rangeford Investment began laying the foundation for its AI transformation in 2024. Since then, AI has become a core component of the company’s long-term strategy. Initial implementations have already yielded improvements in portfolio performance and service agility, reinforcing the firm’s commitment to innovation. About Rangeford Investment Founded in 2000, Rangeford Investment is a privately held investment advisory firm headquartered in Luxembourg City, Luxembourg, with active trading operations in Hong Kong. The company provides a broad range of wealth management services, including asset allocation, financial planning, and retirement solutions. Known for its disciplined approach and client-focused philosophy, Rangeford Investment combines fundamental research with quantitative methods to help clients achieve their long-term financial goals across global markets. Contact Details Rangeford Investment Christina Junker contact@rangeford-investment.com Company Website https://www.rangeford-investment.com/

June 05, 2025 02:51 AM Eastern Daylight Time

“Natural or Not?” Dr. Rian Maercks Challenges Media Praise of Kris Jenner’s Facelift

The Maercks Institute

In stark contrast to the glowing media coverage—such as People Magazine ’s article "Kris Jenner's Shocking New Look Went Viral" which highlights fan admiration and celebrates the surgeon behind Jenner’s refreshed appearance—Dr. Rian A. Maercks offers a more discerning, anatomically focused perspective. While the media emphasizes “youthful” and “snatched” results, Dr. Maercks describes the outcome as more “plastic” or “celebrity-look”—an aesthetic that may be widely accepted, but is far from natural. He notes that the tight lateral sweep visible in Jenner’s face may impress at first glance, but ultimately signals a lack of deep plane midface support—a core focus of Dr. Maercks’ expertise and a hallmark of his signature procedure, the Maercks Lift™. “There’s a dramatic improvement in the skin tone at the borders of her face,” Dr. Maercks explains, “but it looks like there are artificial balls or marbles dropping out of her cheeks.” Maercks not only critiques the immediate visual result, but questions the depth and long-term sustainability of Jenner’s facelift. He also introduces the concept of “joker lines” and cross-cheek deformities —subtle but telling distortions that occur when only surface-level tissues are repositioned. These details are often overlooked in mainstream praise, but to Maercks, they are critical indicators of a poorly integrated lift. He warns that such issues tend to worsen with age. Additionally, Dr. Maercks raises concern over the suspected removal of buccal fat pads —a procedure Jenner is believed to have undergone years earlier. While this can create short-term definition, emerging literature shows it may accelerate facial hollowing and aging. A 2022 review in Aesthetic Surgery Journal warned that buccal fat excision in non-aging patients can lead to long-term deformities—complications that are only magnified by superficial facelifts. This, Maercks believes, is evident in Jenner’s current appearance. In conclusion, while the public and media may see a strikingly positive “transformation,” Dr. Maercks sees a missed opportunity for authentic, anatomically harmonious rejuvenation and an opportunity for facelift revision. His critique invites a more thoughtful conversation about what natural beauty in aesthetic surgery truly means—and whether today’s celebrity standards are sustainable or simply sensational. Media Contact: Courtney Daniels Courtney Daniels Consulting Email: courtney@cocodaniels.com Website: www.courtneydanielsconsulting.com For more insights, techniques, and patient experiences, follow Dr. Maercks on YouTube and Instagram @themaercksinstitute. Website: www.themaercksinstitute.com Instagram: @themaercksinstitute Contact Details Courtney Daniels Consulting for The Maercks Institute Courtney Daniels courtney@cocodaniels.com Company Website https://www.themaercksinstitute.com/

June 04, 2025 02:20 PM Eastern Daylight Time

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The Reservoir and Tanimura & Antle Dedicate 40 Acres to Accelerate AgTech Innovation in Salinas Valley

The Reservoir

The Reservoir, a California company developing a new system for agricultural technology innovation, has secured a long-term lease for Reservoir Farms, its nonprofit on-farm startup incubator, on 40 acres of farmland in Salinas, California, in partnership with Tanimura & Antle, one of America’s most respected family-owned produce growers. This strategic collaboration marks a major milestone in building the first Reservoir Farms location into a world-class hub for scalable, farmer-driven technology solutions. Located at the historical and iconic corner of Highway 68 and Hitchcock Road in Salinas, this farmland has been cultivated for specialty crops like strawberries, leafy greens, and vegetables, making it an ideal foundation for Reservoir Farms' mission to innovate at the intersection of agriculture and technology. Owned by the Tanimura family, this farmland is situated minutes from downtown Salinas, 60 miles south of Silicon Valley and surrounded by some of the nation’s most productive specialty crop acreage, well positioned to become a living laboratory for the development, testing, and demonstration of next-generation agtech solutions. Reservoir Farms will leverage this site to incubate startups, pilot robotics and automation technologies, and foster sustainable agricultural practices—providing a real-world proving ground that bridges the gap between invention and adoption. “Partnering with Tanimura & Antle to secure this exceptional farmland ensures Reservoir Farms can serve as the launchpad for the next generation of agtech – bringing together growers, technologists, and the community to tackle the most pressing challenges facing our food system,” said Danny Bernstein, founder and CEO of the Reservoir. “Thanks to the partnership with the Tanimura family, agtech innovation can be directly connected to farmland, accelerating our ability to deliver real-world solutions. Since announcing Reservoir Farms with Western Growers, the overwhelming interest from startups and consistent industry collaboration underscores how pressing and essential the nature of this work.” Developed in partnership with Western Growers, Reservoir Farms is a new nonprofit, on-farm startup incubator that helps agricultural robotics and automation companies develop, test, and scale breakthrough technologies directly in working farm environments. It’s designed to close the gap between promising prototypes and real-world deployment, accelerating solutions to generational challenges in agriculture while supporting inclusive rural economic development. The initiative will initially allocate 10 acres of land for dedicated test plots, providing startups with the opportunity to innovate in crop cultivation, including at least five for strawberries and five for leafy greens and vegetables. Plantings will follow a staggered schedule to optimize growth and research. Additionally, expanded plot sizes will be available to accommodate startups and projects as operations scale. Built for Innovation from the Ground Up The combination of state-of-the-art shop spaces and expansive multi-crop farmland for R&D opens unique opportunities for startups and established firms to partner directly with growers, test and improve technologies in real-world settings, and bring products to market faster. “Tanimura & Antle has long been committed to sustainable agricultural production and today, achieving that goal requires access to cutting-edge innovation. As a company rooted in innovation, we’re proud to partner with the Reservoir to help bridge the gap between technologists and growers. By opening access to select acreage, we aim to accelerate advancements that drive productivity, profitability, and long-term sustainability for California farms and beyond,” said Brian Antle, Executive Vice President of Sales at Tanimura & Antle. Reservoir Farms is committed to: Empower Local Farmers: Providing hands-on access to the latest AgTech innovations, helping them address labor shortages, reduce input costs, and improve crop yields. Strengthen the AgTech Industry: Supporting over 50 new companies within five years. Boost the Local Economy: Creating over 500 new jobs for Salinas Valley residents and fostering workforce development in high-tech agriculture. Promote Sustainability: Advancing solutions that improve farmer economics, water efficiency, soil health, and environmental stewardship across the region. “This initiative reinforces the region’s role as a leader in agricultural innovation while addressing critical challenges in food security, environmental sustainability, and rural economic development,” said Bernstein. The groundbreaking of Reservoir Farms in Salinas is planned for late summer 2025. About the Reservoir: The Reservoir is a 501(c)(3) nonprofit building tech incubators for California’s future. Founded in 2024, the Reservoir creates spaces where startups, researchers, organizations, and corporations can develop and test innovations beyond Silicon Valley, focusing on rural areas like the Central and Salinas Valleys. The Reservoir drives economic growth, workforce development, and environmental resilience across California’s agricultural heartlands. Learn more at www.thersvr.org. Contact Details AgTech PR for The Reservoir Jennifer Goldston jennifer@agtechpr.com Company Website https://reservoir.co/

June 04, 2025 09:00 AM Pacific Daylight Time

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BALLAST ROCK PRIVATE WEALTH IS NAMED A FINALIST IN THE WEALTH MANAGEMENT 2025 INDUSTRY AWARDS FOR THOUGHT LEADER OF THE YEAR

Ballast Rock

Ballast Rock Private Wealth (“BRPW”), the independently run Registered Investment Advisor that provides holistic financial advice to accredited high-net-worth individuals, announced today that it has been named a Finalist in the Wealth Management 2025 Industry Award (the “Wealthies”) for Thought Leader of the Year in the Individual RIA category. The recognition centers on the work of Senior Wealth Advisor and Portfolio Manager Jim Carroll, who is a frequent writer and media source on the issue of volatility in the markets. Carroll is the author of the popular X (formerly Twitter) financial account Vixologist and a sister blog on Substack, which discuss momentum and volatility trends in public markets. “We are honored that Jim’s body of work has been recognized by such a prestigious award as the Wealthies,” said Andrew Mescon, Chief Executive Officer of Ballast Rock Private Wealth. “Particularly this year, with frequent spikes in the VIX, Jim’s leadership and knowledge in volatility has been an important element in wealth management.” Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support ﬁnancial advisor success. A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the ﬁnalists and will determine the winners, which each year recognizes the ﬁrms and individuals who are bringing new innovations to market that make a real diﬀerence to the daily activities of ﬁnancial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th. “The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the ﬁnancial services industry,” said David Armstrong, director of editorial strategy and operations. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.” About Ballast Rock Ballast Rock is an integrated investment management company specializing in delivering risk-adjusted returns, accurate, and timely advice, high quality frequent reporting, and direct access to management. Ballast Rock operates Ballast Rock Asset Management, Ballast Rock Private Wealth, and Ballast Rock Capital. Ballast Rock Asset Management comprises Ballast Rock Real Estate, which includes the firm’s Sunbelt multifamily real estate funds, and Ballast Rock Ventures, comprising venture capital and private equity teams. Ballast Rock Private Wealth is a registered investment advisor, with a focus on alternative strategies. Ballast Rock Capital (member FINRA/SIPC) is an SEC-registered broker-dealer. Ballast Rock is committed to being a driver of positive change. The diversity of our team members brings valuable new perspectives to our industry for the benefit of our stakeholders and the broader community. About WealthManagement.com WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com oﬀers ﬁnancial services organizations a broad array of marketing services designed to help them inﬂuence the industry’s leading audience of wealth management professionals. Contact Details For Ballast Rock Private Wealth Lisa Aldape, Vocatus laldape@vocatusllc.com Company Website https://www.ballastrock.com/

June 04, 2025 11:08 AM Eastern Daylight Time

NMTC Funded 350 Projects, More Than 61,000 Jobs Across the U.S. in 2024

New Markets Tax Credit Coalition

The New Markets Tax Credit Coalition today released its 2025 New Markets Tax Credit (NMTC) Progress Report, the 21 st edition of the report—providing analysis of NMTC activities in 2024. The report was prepared by the NMTC Coalition, a national membership organization of Community Development Entities (CDEs) and investors organized to advocate for the NMTC. Every year since 2005, the NMTC Coalition surveys CDEs about their work, delivering billions of dollars to businesses, creating jobs, and rejuvenating the parts of the country that have been left behind. The annual NMTC Progress Report presents the findings of the CDE survey and provides policymakers and practitioners with the latest trends and successes of the NMTC. “This report shows the NMTC continues to be an efficient and powerful tool that drives impactful investments to low-income communities,” said Phil Glynn, NMTC Coalition Board Chair and President of Travois, a Certified B Corporation®️ focused exclusively on promoting housing and economic development for American Indian, Alaska Native and Native Hawaiian communities. “Two decades after its introduction, the NMTC remains one of the federal government’s most effective tools for job creation and economic stabilization. These investments create high quality, accessible jobs in the communities that need them most. Now is the time to ensure its permanence.” Report highlights include: JOBS AND INVESTMENT 350 projects totaling $8 billion received $4.8 billion in NMTC allocation (at a ten-year cost to the federal government of $1.22 billion). Projects generated 61,125 jobs in 2024, including 36,692 permanent full-time-equivalent (FTE) jobs and 24,433 construction jobs. The federal cost per job averaged under $20,000. AREAS TARGETED Projects located in 44 states, the District of Columbia, and Puerto Rico. Severe Distress: 81.3 percent of NMTC financing went to severely distressed communities and 30.1 percent to non-metropolitan counties. EQUITY PRICING NMTC equity pricing increased over the course of 2024. The median price reported was $.79. COMPONENTS OF PROJECTS Jump-starting American Manufacturing: NMTC financing supported a record 114 manufacturing and industrial businesses with direct loans and equity investments for working capital, new equipment, or new or renovated industrial space, including shared, light industrial space for multiple manufacturing businesses. Rural communities benefited the most. In fact, since 2020, the NMTC has created nearly 35,000 rural manufacturing jobs. Real Estate: NMTC financing supported the construction or renovation of 17.5 million square feet of real estate and the construction or renovation of 1,095 homes and rental units targeted at low-to-moderate-income households. STRENGTHENING COMMUNITY ASSETS Expanding Access to Healthcare: The NMTC expanded healthcare access for residents of low-income communities through 75 projects. Those projects included 53 federally qualified health centers, safety-net hospitals, and free clinics. Expanding Access to Education and Training: NMTC financing supported a record 114 manufacturing and industrial businesses with direct loans and equity investments for working capital, new equipment, or new or renovated industrial space, including shared, light industrial space for multiple manufacturing businesses. Rural communities benefited the most. In fact, since 2020, the NMTC has created nearly 35,000 rural manufacturing jobs. This year, 87 CDEs participated in the survey. Their answers were supplemented by data from the Office of the Comptroller of the Currency, Open Corporate, annual reports, and other online materials from NMTC projects. “Over the course of two decades, the data show the NMTC not only delivers an unprecedented level of capital to low-income rural and urban communities, but it also creates much-needed jobs—helping individuals and families thrive and, in turn, grows those local economies where they live and work. In fact, since 2003, the NMTC has created more than one million jobs,” said Coalition spokesperson Bob Rapoza. The report showcases the importance of the NMTC in providing patient, flexible capital to businesses and projects located in distressed rural and urban communities, thereby creating jobs and growing business opportunities. NMTC financing ranges from traditional industry and community sectors to new and cutting-edge technology. Projects and businesses that benefited from the Credit in the past year include manufacturing, healthcare, schools, and many others supporting childcare, youth, and families. Rapoza notes, “This report demonstrates that the NMTC has a 20-year track record of working, and Congress should, once and for all, expand and make the Credit permanent. It has the potential to positively impact communities across the country for decades to come.” About New Markets Tax Credit Program The New Markets Tax Credit (NMTC) was enacted in 2000 to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities that lack access to the patient capital needed to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Today, due to the NMTC, more than $143 billion is hard at work in underserved communities in all 50 states, the District of Columbia, and Puerto Rico. For more information, visit www.NMTCCoalition.org. Contact Details Greg Wilson +1 571-239-7474 gregwilsonpr@gmail.com Company Website https://nmtccoalition.org/

June 04, 2025 10:41 AM Eastern Daylight Time

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