CDFI fund requests comments on 2021 NMTC application
Spending Bill Includes Largest Extension in Program’s History Contact: Ayrianne Parks, [email protected], (202) 393-5225 WASHINGTON, D.C. (December 22, 2020) – The Consolidated Appropriations Act of 2020, passed by the House and Senate and expected to be signed by the President includes a five-year, $25 billion annual extension of the New Markets Tax Credit (NMTC), the […]
Reps. Sewell (D-AL) and Reed (R-NY) Introduce NMTC Pandemic Bill
Lawmakers, Community Development Leaders Celebrate NMTC 20th Anniversary as Tax Credit Extension Deadline Looms
Coalition releases report highlighting NMTC success stories and state statistics Contact: Ayrianne Parks, [email protected], (202) 393-5225 WASHINGTON, D.C. (December 10, 2020) — Tax policy trends and plans for 2021 were the focus as the New Markets Tax Credit (NMTC) Coalition held its annual NMTC Conference yesterday. The event, held virtually for the first time, saw […]
Every four years, the NMTC Coalition publishes a case study report with NMTC success stories from all fifty states.
Ways and Means Committee Chairman Richard Neal will join us for a virtual breakfast event.
Today, the CDFI Fund opened the 2020 NMTC allocation round. The Fund will award $5 billion in allocation, up from $3.5 billion in 2019.
Despite the unprecedented challenges posed by the pandemic, NMTC projects are moving forward in 2020 when they’re arguably needed most. We’ve pulled together a collection of 2020 projects for you to browse:
The NMTC Coalition’s virtual conference takes place December 9, 2020 from 11am to 5:30pm ET. More information coming soon!
Investments in economically distressed rural, urban and minority communities WASHINGTON, July 15, 2020 — The U.S. Department of the Treasury’s CDFI Fund announced the Calendar Year 2019 New Markets Tax Credit (NMTC) allocation awards today. The CDFI Fund awarded $3.5 billion to 76 Community Development Entities (CDEs) from 30 states and the District of Columbia. Additionally, 15 percent of […]