Operation Food Search to Renovate Headquarters with $11 Million New Markets Tax Credit Allocation

Monarch Private Capital, NTCIC, And WEDI Partner to Support a New Home for West Side Bazaar

07/19/2022

The transaction involved the use of both Historic Tax Credits, as well as NMTC allocation provided by National Trust Community Investment Corporation, a national CDE

CDEs: National Trust Community Investment Corporation
Categories: Community, Historic Rehabilitation, Nonprofit Hub

EITF consensus improves accounting for income tax credits

12/05/2022

CDFI Fund Releases Application Demand for CY 2022 Round of the NMTC Program

03/14/2023

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received 197 applications for the calendar year (CY) 2022 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development Entities (CDEs) for targeted investments in eligible areas.

Our House Closes $10M in NMTC Financing, Increases Capacity to Serve Central Arkansas Homeless

08/17/2022

Our House announced on Aug. 17 that it has closed on a $10 million NMTC financing package to expand its services for families and individuals who are homeless in central Arkansas.

Categories: Community, Homeless Services, Homeless Shelter, Shelters and Community Food

UAMS child development center on tap

09/14/2022

The project is estimated to cost nearly $10 million, will be financed through the federal New Markets Tax Credit program, with additional money coming from donations, UAMS said.

Categories: Community, Daycare and Early Childhood, Youth and Families

Make the New Markets Tax Credit permanent

06/10/2024

The New Markets Tax Credit helps provide jobs, economic development and food security, says Dr. Chris Freeman, CFO of Bongards Creameries. He says it should be a permanent federal policy.

Humboldt, TN

Related Project: Bongards Creameries
CDEs: Dudley Ventures
Categories: Business Development, Food Manufacturing, Manufacturing

Price Hills Arts Put the Neighborhood on the Rise

01/22/2020

CDEs: Brownfield Revitalization, Cincinnati Development Fund, USBCDE
Categories: Arts, Community, Historic Rehabilitation, Theaters and Performing Arts Spaces

Resintech Moves Into East Camden with Talk of Neighborhood Revitalization and Manufacturing Jobs

04/29/2019

CDEs: Cinnaire New Markets, Consortium America, New Jersey Community Loan Fund
Categories: Business Development, Manufacturing

Operation Food Search to Renovate Headquarters with $11 Million New Markets Tax Credit Allocation

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