CDEs

At the center of the NMTC program are Community Development Entities (CDEs). A CDE must be a domestic corporation, have a demonstrated mission of serving or providing capital to low-income communities or people, and maintain accountability to residents of low-income communities through representation on a governing or advisory board. They must also obtain and maintain CDE certification through the CDFI Fund at the Department of Treasury. 

Most CDEs are affiliates of mission-driven organizations like CDFIs, for-profit entities, community development corporations, government entities, or banks. CDEs craft a high-impact business plan and apply to the CDFI Fund for NMTC allocation. If successful, they can begin to raise equity from investors and deploy it to projects.

CDE Directory

Browser our CDE directory, find projects by CDE, and learn more about NMTC allocation award recipients.

NMTC Application

Each year, applicants apply to the CDFI Fund for allocation. Applicants are primarily scored on (a)  their track record of serving disadvantaged businesses and communities and (b) their plans for using an NMTC allocation to generate community impact in distressed areas. 

CDE Directory - Projects by CDE

Timely Investment in Childcare and Workforce Development will Provide Substantial Relief to Students and Parents in Southwest Virginia
A full-scale rehabilitation of a vacant 37,000 sq. ft. 4-story brick structure originally built in 1922 to house a major tenant offering impactful community services.
Family-Run Steel Manufacturer Receives Critical NMTC Financing to Match Growing Demand
New Emergency Care Facility Brings Critical Medical Services and High-Quality Jobs to Underserved Texas Community
Renovation and construction of a new facility establishes community resource hub and increases service capacity to Whitehaven residents
Investment in non-profit expands critical access to shelter and care for victims of domestic violence.
Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.
The intensive renovation and restoration of an existing building into a new manufacturing complex, including the environmental remediation of the blighted 17-acre Allentown Metal Works
New Markets Tax Credits supported the construction of a new YMCA Community Hub
Eight new homes for low-and-moderate-income families in Newark, NJ
New Spaces to Ensure New Jersey’s Youngest Residents Have Equitable Access to High Quality Early Development Opportunities
NMTC loans were used to finance the acquisition and rehabilitation of a retail shopping center anchored by a Rouse’s Grocery Store in Picayune, MS.
Pawsperity Center expands its pet grooming training school and salon providing opportunities for low-income womennity in Kansas City, MO.
NMTC financing from MMCDC will help build a more equitable economic future for Minneapolis
Much-needed investment by an innovative manufacturer provides economic boost for north Minneapolis, Minnesota community.
NMTC investment is critical to making 47 quality rowhomes affordable to Baltimore homebuyers.
Providing Critical Care to the Rural Parishes of Beauregard/Vernon, Louisiana
Goodwill expansion brings workforce training, affordable shopping, and real estate development to distressed, urban community
Leveraging investment to make a chocolate factory a hub of manufacturing and tourism.
Hawaii Farming Expands with NMTC Financing, Boosting Hawaii’s Food Independence
Parr Instrument Company Expands for the First Time in 30 years Increasing Production Capacity in Severely Distressed Community in Moline, IL.
Expansion of a shelter, which will include 230 emergency shelter beds, an education and workforce development center, medical exam rooms, laundry rooms, and common areas.
Strategic investment in third-generation family-owned business brings new distribution capabilities and quality jobs into the Savannah community.
Native American Bank provides NMTC-enhanced funding to a Tribal Business
Rural hurricane-damaged hospital is reconstructed and now supports over 24,000 visits annually.
Investment allows neighbors to gain access to the dental care that they need, have an affordable place to call home, and a place to gather as a community.
NMTC investment finances the new construction of a medical clinic and senior care center to close healthcare gaps in Imperial County
A minority-owned business tackled the severe affordable housing crisis in South Los Angeles
NMTC enables 19 low- and very low-income families attain the dream of homeownership
NMTC financed project expands training and education for 10,000 students