New Markets Tax Credit Program

Step 2: Application Process

 

The Notice of Allocation Authority (NOAA), application, instructions, and supplemental materials for the most current round of the NMTC Program are below. Please direct any questions to the CDFI Fund's Help Desk at 202-653-0421 option 3, cdfihelp@cdfi.treas.gov, or submit a service request via AMIS to "NMTC". 

TIMELINE

Date Description
November 4, 2021 Allocation Round Opens
November 8, 2021 NOAA Published
November 18, 2021 Submission of CDE Certification Application
November 18, 2021 Online Submission of Subsidiary CDE Certification Application for QEI Issuance and QLICI Requirements Deadline
December 6, 2021 ​Application Registration Deadline
January 11, 2022 Last Day the CDFI Fund Will Answer Questions About the Application
January 13, 2022 ​Online Submission of Allocation Application
March 21, 2022 QEI Issuance and QLICI Requirements Deadline for Prior Allocatees
Fall 2022 ​NMTC Program Awards Announced

 

APPLICATION WEBINAR

The CDFI Fund previously recorded a webinar to demonstrate the electronic application’s features and the submission process in AMIS. Applicants should also use the NMTC Program Application - AMIS Navigation Guide (listed below) as a reference when completing the NMTC Program Application in AMIS.

(Note: this webinar is a supplement to the below application demonstration and provides instruction on completing the new Application Registration requirement, as detailed in the CY 2021 NOAA. Applicants that do not complete the Application Registration by the deadline, will not be able submit a CY 2021 Round Allocation Application.)

On November 18, 2021, the CDFI Fund hosted a webinar for Native CDFIs and Native CDEs on the NMTC Program and the New Markets Tax Credit (NMTC) application process. The webinar is part of a broader effort to increase NMTC investment in Federal Indian Reservations, Off-Reservation Trust Lands, Hawaiian Home Lands, and Alaskan Native Village Statistical Areas, or NMTC Native Areas.

Q&A Webinar

In addition to the detailed information that is available through the NOAA, NMTC Allocation Application, NMTC Allocation Application FAQ, and pre-recorded webinars, the CDFI Fund will conduct a one-hour long webinar to answer application questions on Wednesday, November 10, 2021 at 3:00 pm Eastern Time.

In order to ensure the webinar is an effective and efficient use of time, the CDFI Fund is asking participants to submit questions by Monday, November 8, 2021 via a service request in AMIS.

Viewing this webinar requires the use of WebEx.  To download the WebEx Desktop Application, please see the instructions on the WebEx Downloads page. No prior registration is necessary. Requests for reasonable accommodations under section 504 of the Rehabilitation Act should be directed to Jay Santiago at 202-653-0300 no later than 48 hours before the conference calls begin.

Access Details:

Questions?

Questions regarding New Markets Tax Credit Program may be directed to the CDFI Fund by e-mail to cdfihelp@cdfi.treas.gov; or by phone to (202) 653-0421. Please note this is not a toll free number.