Meaningful results for our partners and communities
As part of ACT’s role as a Community Investor, ACT works with Urban Action Community Development (UACD) and Qualified Active Low-Income Community Businesses (QALICBs) to maximize the impact of Mew Markets Tax Credit projects for communities hosting those projects. This strengthens connections between projects and communities, while identifying and enhancing the benefits to low-income communities emphasized in the NMTC program. ACT provides QALICBs with partnerships and toolkits to help their projects succeed.
Since 2016, ACT has…
Provided over
Hours
of technical assistance to communities
Served Communities:
28,000 community residents
benefitted from UACD-ACT projects
8793 low-income persons
have been served by the UACD-ACT partnership
3,000 volunteer hours
served in rebuilding and beautifying low-income communities
1,000 volunteers mobilized
in support orrebuilding and beautifying low-income communities
20 community organizations
or programs recieved Community Impact grants
Created Jobs
Permanent Jobs
have been created by UACD-ACT projects
%
of jobs went to low-income persons
%
of the jobs provide benefits
%
were accessible to those with less than a four-year degree
Construction Jobs
have been created by UACD-ACT projects
%
of these jobs went to low-income persons
%
construction contracts on average were awarded to Minority Business Enterprises
%
construction contracts on average were awarded to Women Business Enterprises
Grant Dollars Raised
$15M
in grants that ACT has raised for nonprofits serving low-income neighborhoods since 2015
$34K+
average size of the funds granted since 2016
$399K
in direct grants made to community partners since 2015
$14K+
average size of the funds granted to any one organization or program