August 1, 2017 (Washington, DC) – A new, independent report on the federal New Markets Tax Credit Program (NMTC Program) was released today by Summit Consulting LLC (Summit). The Compliance Review of New Markets Tax Credit Program report (the NMTC Report) was commissioned by the U.S.
On July 26, the House Appropriations Financial Services and General Government (FSGG) Subcommittee held a hearing where U.S.
There are only a few weeks left until August and while many of us may be heading for vacation, it is important to remember that August is a crucial month for advocacy.
On July 13, the House Appropriations Committee approved the Financial Services and General Government (FSGG) fiscal year (FY) 2018 Appropriations bill. The bill reduces the CDFI Fund’s budget from FY17 funding level of $248 million to $190 million, a decrease of 23 percent. The bill continues the CDFI Bond Guarantee Program (BGP) with $500 million in guarantee authority.
The CDFI Fund today opened the fiscal year (FY) 2017 funding round for the Capital Magnet Fund.