WASHINGTON, D.C. (May 23, 2019)– The U.S. Department of the Treasury’s CDFI Fund announced the Calendar Year 2018 New Markets Tax Credit (NMTC) allocation awards today. The CDFI Fund awarded $3.5 billion to 73 Community Development Entities (CDEs) from 35 states, Puerto Rico, and the District of Columbia. “The federal New Markets Tax Credit is a unique and […]
Yesterday, the NMTC Extension Act of 2019 added 7 new cosponsors. Please take a moment to thank these offices for calling for a permanent, expanded New Markets Tax Credit.
Latest Cosponsors of H.R. 1680
Latest Cosponsors of S. 750
State Fact Sheets and Stories
Browse our NMTC project map to learn more about how the NMTC is creating jobs and driving investment to all 50 states.
Have a Project?
Do you have a great project in a low income community that is in need of NMTC allocation? We recommend first watching our “How It Works” video.
The next step is to check the CDFI Fund’s mapping site to see if your project is in an eligible census tract.
Finally, check to see which Community Development Entities serving your area have remaining NMTC allocation.
How the NMTC Works
Project Database (BETA)
We’re launching a project database that will allow you to filter through NMTC projects. It’s not done yet, but here’s a taste.