2010 New Markets Tax Credit Electronic Allocation Application Now Available
Application Training Webcast and Conference Calls Also Provided
May 10, 2010
The Community Development Financial Institutions Fund (CDFI Fund) opened the 2010 round of the New Markets Tax Credit (NMTC) Program on April 7, 2010. Today the CDFI Fund is releasing the online Allocation Application and instructions.
The online application is available through the applicant’s myCDFIFund account, and the online instructions can be found on the CDFI Fund’s website. Links to access these materials are available below.
Please note that the CDFI Fund has modified Question #29 (a) in the NMTC Allocation Application by increasing the character limit for responses from 1,000 to 5,000.
In addition, on May 4, 2010, CDFI Fund staff conducted a NMTC Program Allocation Application training webcast. The webcast, which provides an overview of the NMTC Program, the Community Development Entity certification process and guidance for submitting an NMTC Allocation Application, is now available for viewing at the link provided below.
Conference Calls on the NMTC Program
The CDFI Fund is conducting two separate conference calls for potential applicants to the NMTC Program. These calls will serve as a forum for potential applicants to ask questions of CDFI Fund staff about the current round of the NMTC Program. The schedule and instructions for accessing the conference calls are outlined below.
- Thursday, May 13, 2010, 2:00 – 3:30 p.m. EDT
- Wednesday, May 19, 2010, 2:00 – 3:30 p.m. EDT
To access these conference calls, participants need to call (888) 790-1768 and enter the pin number 5578381. No prior registration is necessary. Please note that the phone number and pin number are the same for all of the teleconference calls.