News

CDFI Publish Date
Demand for New Markets Tax Credits Remains Strong 239 Applications Received Requesting Over $21.3 Billion

Washington, DC -- The U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund announced today that it received a total of 239 applications under the 2008 round of the New Markets Tax Credit (NMTC) Program. These applicants requested an aggregate total of $21,301,795,539 in NTMC allocation authority.

FY 2007 BEA Awards

Washington, DC -- Today the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced that approximately $11 million has been awarded to 51 banks and thrifts across the country that provide critically needed financial products and services to economically disadvantaged people and communities.

Treasury Deputy Secretary Misspelled WordKimmitt and CDFI Fund Director Reed Announce $3.9 Billion in Tax Credits for Low-Income Community Investment
2007 NMTC Program - List of Awards2007 NMTC Program - Fifth Round Highlights2007 NMTC Program - States Served Document