As previously announced, the next round of the New Markets Tax Credit Program (NMTC Program) will make $10 billion in Allocation Authority available, and the round will span calendar years (CYs) 2024 and 2025. The CDFI Fund is tentatively planning to open the CY 2024-2025 NMTC Program Allocation …
CDFI FUND IMPACT BLOG
- CDFI Fund releases two industry reports and a guide for Native entities. Eighteen months ago, the CDFI Fund launched the NMTC Native Initiative with the goal to increase New Markets Tax Credit (NMTC) investments in NMTC Native Areas[i] . Since the NMTC Program’s inception, the CDFI Fund has recorded …
- This post was originally published on the CDFI Fund’s Impact Blog. The CDFI Fund is tentatively planning to open the calendar year (CY) 2023 New Markets Tax Credit Program (NMTC Program) Allocation Application round in the fall of 2023. If you are considering applying for the upcoming CY 2023 …
- Recently, the CDFI Fund announced the selection of a contractor to administer the New Markets Tax Credit (NMTC) Native Initiative, which is an effort to increase NMTC investments in NMTC Native Areas[1]. The genesis of this new initiative, in part, stems from the CDFI Fund’s Strategic Plan that …
- The CDFI Fund is tentatively planning to open the calendar year (CY) 2021 New Markets Tax Credit (NMTC) Allocation Application round in the fall of 2021. If you are considering applying in the upcoming CY 2021 NMTC round, you may find the following information helpful. NMTC Allocation Application …