$5 Billion in NMTC Authority included in Tax Deal

Overnight, congressional negotiators reached a deal on expired tax provisions that would provide a one-year New Markets Tax Credit extension at an allocation level of $5 billion for 2020. The legislation is expected to pass the House and Senate by the end of the week. The Coalition put together a video with our projections on […]

Two New Data Updates from the CDFI Fund

CDFI Fund Releases Applicant Demand from the 2019 NMTC Round and NMTC Transaction Data through 2017. Data shows robust demand for the NMTC and billions in new investments in hard hit communities