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Tag: New Markets Tax Credits (NMTC)

CDFI Fund Opens the 2019 round of New Markets Tax Credits

The CDFI Fund has released the Notice of Allocation Availability (NOAA) for the 2019 Calendar Year (CY) round of the New Markets…

September 4, 2019

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OFN Testifies at Treasury Hearing on Opportunity Zone Regulations

The Department of the Treasury and the Internal Revenue Service (IRS) held a public hearing on the second round of Opportunity Zone…

August 2, 2019

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House and Senate Begin Work on Extension of the New Markets Tax Credit

The authorization for the New Markets Tax Credit (NMTC) is set to expire at the end of 2019 and Congress has begun…

July 2, 2019

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$3.5 Billion in New Markets Tax Credit Allocations Awarded

On May 23, the Community Development Financial Institutions Fund (CDFI Fund) allocated $3.5 billion in New Market Tax Credits to 73 community development…

May 28, 2019

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Welcome to the 116th Congress!

In early January, the historic 116th Congress was sworn into office in the midst of what became the longest government shutdown in…

January 30, 2019