Portland New Markets Fund I, LLC (PNMF) is a community development entity which received a $100 million allocation of New Markets Tax Credits (NMTCs) in 2003.

Through a strategic collaboration, the Portland Development Commission served as the "controlling entity" of PNMF. PNMF has placed or committed its entire NMTC allocation by funding 10 projects in highly-distressed communities in Portland, Oregon.

Profiles of PNMF-financed projects can be seen here.