Opportunity finance news, stories, and voices

Jennifer A. Vasiloff / May 28, 2019 / Policy

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

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Dafina Williams / January 30, 2019 / Policy

Despite a challenging outlook for the FY 2020 budget and appropriations process, the 116th Congress brings opportunity to introduce CDFIs to newly elected Members of Congress and new leadership on key committees. In both the House and Senate, new leadership and members resulted in changes in the composition of committees of jurisdiction over issues impacting the CDFI industry, in particular CDFI Fund appropriations and the New Markets Tax Credit program.

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/ August 27, 2018 / Newswire

Novogradac provides an overview of what could be expected for New Markets Tax Credit under H.R. 6627. With this "legislation introduced by two members of the House Ways and Means Committee, Reps.

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/ June 8, 2018 / Stories

Cinnaire, a non-profit CDFI that provides creative loans, investments and development services, recently provided an $11.5 million New Markets Tax Credit (NMTC) allocation to support the new construction of a 350,000 square foot, state-of-the-art manufacturing facility for EJ Group, Inc.

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Jennifer A. Vasiloff / February 13, 2018 / Newswire

The U.S. Department of Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced that 73 community development entities throughout the nation will receive a total of $3.5 billion in New Market Tax Credit awards.

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