Awards will Spur Economic and Community Development in Low-Income Urban and Rural Communities Nationwide

Recipients Collectively Increased Lending and Services to Nation’s Most Distressed Areas by over $970 million 

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today updated Eligibility Data for the New Markets Tax Credit Program (NMTC Program).

Nearly $1.05 Billion in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs

Award applicants required to complete a new Title VI Compliance Worksheet

Since its inception in 2008, the Capital Magnet Fund (CMF) has awarded nearly $1.1 billion in funding to create and preserve affordable housing for Low-Income families and economically distressed c