The NMTC Coalition is circulating an organization sign-on letter to Congress urging them to make the NMTC permanent.
The legislation would make the NMTC permanent, provide an inflation adjustment in out-years, and exempt NMTC investments from the Alternative Minimum Tax.
Tax policy trends, community economic development, and the new administration were the focus at the New Markets Tax Credit (NMTC) Coalition’s annual NMTC Conference, held this week.
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
