Blog
Paul Anderson
December 10, 2024
Menu
The New Markets Tax Credit (NMTC) has been instrumental in aiding disaster-stricken low-income communities by providing essential financing for recovery and rebuilding efforts.
Today, the CDFI Fund opened the Calendar Year (CY) 2024-2025 Notice of Allocation Availability. CDEs will have until January 29, 2025 to apply for a record $10 billion in allocation.
$5 Billion investment in economically distressed rural, urban, and minority communities
Grand Concourse Fordham is a mixed‐use commercial building with a grocery store tenant (Fine Fare) and a community services tenant
“I was honored to participate in today’s groundbreaking of the Railroad Corner Redevelopment project in Orangeburg,” said Jim Clyburn.
Projects generated 59,332 jobs in 2023, including 33,676 permanent FTE jobs and 25,656 construction jobs.
Over on the Novogradac blog (a must read for NMTC news), Brad Elphick and Peter Lawrence have an interesting interesting post on some of the opportunities