Resources:

Reports and Research

NMTC Qualified Equity Investment Reports

Disaster Assistance: Federal Assistance for Permanent Housing Primarily Benefited Homeowners; Opportunities Exist to Better Target Rental Housing Needs
Government Accountability Office (GAO)
February 16, 2010

New Markets Tax Credit: The Credit Helps Fund a Variety of Projects in Low-Income Communities, but Could Be Simplified
Government Accountability Office (GAO)
(January 29, 2010)

Joint Committee on Taxation Description Of Revenue Provisions Contained In The President’s Fiscal Year 2010 Budget Proposal
Part Two: Business Tax Provisions
(September 9, 2009)

Treasury Recovery Act Programs Report (September 3, 2009)

New Markets Tax Credit: Minority Entities Are Less Successful in Obtaining Awards Than Non-Minority Entitities
Government Accountability Office (GAO), June 1, 2009

Letter from CDFI Fund Director Gambrell to GAO About Minority Entities' Participation in NMTC Program (April 23, 2009)

Addressing the Prevalence of Real Estate Investments in the New Markets Tax Credit Program
A Study Conducted for the Federal Reserve Bank of San Francisco and the CDFI Fund
(Fall 2008)

New Markets Tax Credit Bulletin Vol. 6, No. 64: Analysis of Round VI NMTC Allocations
Rapoza Associates
(October 22, 2008)

New Markets Tax Credit Program: Promoting Investment in Distressed Communities
CDFI Fund
(October 20, 2008)

List of NMTC Projects Financed Through the End of the 2006 Fiscal Year
CDFI Fund
(May 2008)

New Markets Tax Credit: An Introduction
Congressional Research Service (CRS) Report for Congress
(March 3, 2008)

HUD and Treasury Programs: More Information on Leverage Measures’ Accuracy and Linkage to Program Goals Is Needed in Assessing Performance
Government Accountability Office (GAO), February 19, 2008

The New Markets Tax Credit: An Introduction
Congressional Research Service (CRS)
(June 19, 2007)

Community Developments Insights: New Markets Tax Credits: Unlocking Investment Potential
Office of the Comptroller of the Currency (OCC)
(February 27, 2007)

New Markets Tax Credit Appears to Increase Investment by Investors in Low-Income Communities, but Opportunities Exist to Better Monitor Compliance
Goverment Accountability Office (GAO)
(January 31, 2007)

List of NMTC Projects Financed Through the End of the 2004 Fiscal Year
CDFI Fund
(June 2006)

"CDFI Fund Performance and Accountability Report, Fiscal Year 2005"
CDFI Fund
(April 2006)

"CDFI Fund Performance and Accountability Report, Fiscal Year 2004"
CDFI Fund

"State Tax Credit Incentives for Equity Investments: A Survey of Current Practices"
Community Develpoment Venture Capital Alliance (CDVCA)
(July 2004)

"CDFI Fund Accountability Report, Fiscal Year 2003 "
CDFI Fund
(June 2004)

" The New Markets Tax Credit Program: How This Incentive Can Strengthen America's Cities"
Jim Miara for the CEOs for Cities
(April 2004)

"Community Development Financial Institutions (CDFIs): Providing Capital, Building Communities, Creating Impact, Fiscal Year 2002"
CDFI Data Project (CDP)
(May 28, 2004)

Community Development: Federal Revitalization Programs Are Being Implemented, but Data on the Use of Tax Benefits Are Limited
General Accounting Office (GAO)
(March 5, 2004)

"Community Investing 2002: Safety & Soundness Data Findings"
National Community Capital Association (NCCA)
(February 25, 2004)

"New Markets Tax Credit Program: Progress Made in Implementation, but Further Actions Needed to Monitor Compliance"
General Accounting Office (GAO) Report to Congressional Committees
(January 2004)

"CDFIs: Bridges Between Capital and Communities"
National Community Capital Association (NCCA)
(2002)