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House and Senate Begin Work on Extension of the New Markets Tax Credit
Mary Scott Balys / July 2, 2019 / Policy

The authorization for the New Markets Tax Credit (NMTC) is set to expire at the end of 2019 and Congress has begun working on a plan for extending this valuable community development tool. The House and Senate are each pursuing their own paths to extend the NMTC.

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25 OFN Members Selected to Receive New Markets Tax Credits to Spur Economic Growth
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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