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, firstname.lastname@example.org, or submit a service request via AMIS to "NMTC".
|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|
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.
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.
- Call-In: 888-831-6083
- Webinar Access: https://www.mymeetings.com/nc/join/
- Conference Number: PWXW2481268
- Audience Passcode: 5420490
Questions regarding New Markets Tax Credit Program may be directed to the CDFI Fund by e-mail to email@example.com; or by phone to (202) 653-0421. Please note this is not a toll free number.