NMTC in the News

Below, find recent stories related to the New Markets Tax Credit.

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

Columbus, OH

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.

Clifton, CO

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2022 round of the New Markets Tax Credit Program (NMTC Program). The CDFI Fund is posting the NOAA on its website in anticipation of its publication in the Federal Register on November 22, 2022.
“We are truly honored to have been selected by VyStar to help make a bigger community impact for the people of Florida and Georgia who need it most,” said Chris Vukas, Director of NMTCs, Sunflower Development Group, LLC. “Their enthusiasm for community is contagious and securing additional federal resources will create new opportunities where the market-driven economy doesn’t work for low-income people and places.”