Below, find recent stories related to the New Markets Tax Credit.
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S.
$13.5 million in New Markets Tax Credit allocations toward the silicon metal manufacturing facility in Selma, Alabama
Architectural historian Jeff Darbee visits the newly developed Trolley District featuring the East Market food hall on the east side of Columbus, which utilizes six vacant buildings previously used by the Columbus' electric trolley
Colorado Enterprise Fund (CEF) is pleased to announce its latest New Market Tax Credit project in Clifton, CO to help provide desperately needed childcare and early childhood education (ECE) services to the Mesa County area.
The fund has already closed and progress has begun at 13 projects in seven states, including California, Colorado, Georgia, Michigan, New York, Pennsylvania and Ohio.
The letter calls for including all the provisions of H.R. 1321, the New Markets Tax Credit Extension Act of 2021 - a permanent authorization of NMTC at $5 billion, with inflation adjustments and an exception from the Alternative Minimum Tax for NMTC investments - in any end of the year tax bill.