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Return to CDFI Fund mainpageU.S. Department of the Treasury websiteCommunity Development Institutions Fund
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Community Development Financial Institutions Fund
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New Markets Tax Credit Program Update
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January 3, 2013

This morning President Obama signed the American Taxpayer Relief Act of 2012 which included an extension of the New Markets Tax Credit Program for 2012 and 2013. The tax credit allocation authority is $3.5 billion for each year. The CDFI Fund is currently reviewing applications received under the 2012 round and plans to announce the awards in April.

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