News
The House and Senate have reached a $1.4 trillion spending agreement for Fiscal Year 2020, with a record-setting appropriation of $262 million for the CDFI Fund and an extension of the New Markets Tax Credit (NMTC) Program for one year with an increase in the allocation to $5 billion.
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 ...
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.
On November 2, the House Ways and Means Committee released H.R. 1, "Tax Cuts and Jobs Act." H.R.