Working Group Membership
List of Current NMTC Working Group Members (as of April 20, 2011)
Comment Letters
Allocation Agreement
Working Group Comments Regarding the NMTC Allocation Agreement (August 30, 2007)
NMTC Working Group Letter to Matt Josephs/CDFI Fund Regarding the NMTC Draft Allocation Agreement (August 28, 2006)
NMTC Working Group Letter to Matt Josephs/CDFI Fund Regarding the NMTC Allocation Agreement Q&A (July 31, 2006)
Allocation Application
Working Group Letter to CDFI Fund Regarding the 2010 NMTC Allocation Application (October 25, 2010)
Working Group Letter to CDFI Fund with Supplemental Comments on Targeted Populations and the 2009 NMTC Allocation Application (November 23, 2009)
Working Group Letter to Matt Josephs at CDFI Fund Regarding the Final 2009 Allocation Application (October 12, 2009)
Working Group Letter to Matt Josephs at CDFI Fund Regarding the 2008 NMTC Allocation Application (February 8, 2008)
Working Group Comments Regarding the 2007 NMTC Allocation Application (August 30, 2007)
2007 NMTC Allocation Application with Comments (August 30, 2007)
NMTC Working Group Comments Regarding the Draft 2007 NMTC Program Allocation Application (November 14, 2006)
NMTC Working Group Additional Comment Letter concerning the New Markets Tax Credit (NMTC) Program Allocation Application (March 15, 2006)
NMTC Working Group Comment Letter concerning the New Markets Tax Credit (NMTC) Program Allocation Application (February 27, 2006)
Census Data
NMTC Working Group Letter Regarding Census Data Implementation and Effects on NMTC Projects in Progress (January 5, 2012)
Community Investment Impact System (CIIS)
NMTC Working Group Letter Regarding the Community Investment Impact System (CIIS) (January 3, 2008)
Compliance and Monitoring FAQ
NMTC Working Group Comment Letter on Updated Compliance and Monitoring FAQ (August 11, 2009)
NMTC Working Group Letter Regarding Comments & Recommendations on Compliance & Monitoring FAQ Dated November 2006 (June 18, 2007)
Converting the NMTC to a Cash Grant
Definition of Control
NMTC Working Group Letter Regarding the Definition of Control as it Relates to the Reasonable Expectations Test (August 20, 2010)
Economic Substance Doctrine
NMTC Working Group Letter Requesting Guidance on Codification of the Economic Substance Doctrine and New Markets Tax Credits (October 15, 2010)
NMTC Working Group Letter Requesting Guidance on Codification of the Economic Substance Doctrine (July 28, 2010)
Effectiveness and Efficiency of the NMTC Program
NMTC Working Group Letter to the CDFI Fund Regarding Ways to Increase the Effectiveness and Efficiency of the NMTC Program (February 6, 2012)
Guidance Priority List
NMTC Working Group Letter: Notice 2011-39 Public Comment Invited on Recommendations for 2011-2012 Guidance Priority List (June 1, 2011)
NMTC Working Group Letter Regarding Notice 2009-43 Public Comment Invited on Recommendations for 2009-2010 Guidance Priority List (May 31, 2009)
NMTC Working Group Letter Regarding Notice 2007-47 Public Comment Invited on Recommendations for 2008-2009 Guidance Priority List (May 30, 2008)
NMTC Working Group Letter Regarding Notice 2007-41 Public Comment Invited on Recommendations for 2007-2008 Guidance Priority List (May 31, 2007)
NMTC Working Group Letter Regarding Notice 2006-36: Public Comment Invited on Recommendations for 2006-2007 Guidance Priority List (May 15, 2006)
Loss of Basis
NMTC Working Group Letter: QLICI - Loss of Basis Issue (May 18, 2010)
Non-Metro QEI Allocations
NMTC Working Group Letter Regarding Non-Metropolitan County QEI Allocations (July 6, 2007)
Notice Inviting Comments Concerning Non-Metro QEI Allocations (May 22, 2007)
Non Real-Estate Investments
NMTC Working Group Letter Regarding Notice of Proposed Rulemaking – Proposed Changes to Facilitate and Encourage Investments in Non-Real Estate Businesses in Low-Income Communities (September 8, 2011)
Program-Related Investments
NMTC Working Group Letter Regarding Guidance under §4944 Treasury Regulation § 53.4944-3 and on Program-Related Investments (November 14, 2011)
Quarterly New Markets Report (QNMR)
NMTC Working Group Comment Letter Regarding the Quarterly New Markets Report (April 20, 2010)
Real Estate vs. Non-Real Estate
NMTC Working Group Letter Requesting Clarification Regarding Real Estate vs. Non-Real Estate Guidance (September 16, 2010)
Redemption Regulations
NMTC Working Group Comment Letter regarding Redemption Regulations for the New Markets Tax Credit (NMTC) Program (April 24, 2006)
Regulations Project
NMTC Working Group Letter Regarding New Markets Tax Credit Treasury Regulations Project – Clarifications
(March 13, 2009)
Transcript of the Dec. 12, 2008, IRS Hearing on Proposed Regulations(REG-149404-07) Modifying New Markets Tax Credit
(December 12, 2008)
NMTC Working Group Comment Letter Regarding New Markets Tax Credit Treasury Regulations Project
(November 7, 2008)
NMTC Working Group's Outline Topics for IRS Hearing on December 12, 2008 Regarding New Markets Tax Credit Treasury Regulations Project
(November 3, 2008)
New Markets Tax Credit Treasury Regulations Project Comment Letter (April 14, 2008)
Reinvestment Regulations
NMTC Working Group Letter to Eric Solomon/IRS Regarding NMTC Reinvestment Regulations (July 31, 2006)
Targeted Populations
NMTC Working Group Targeted Populations Comment Letter
(December 23, 2008)
Urban Institute Report
Volcker Rule
Recommended Practices
Recommended Practices for Satisfying the Accountability Test
(February 15, 2011)
Sample Certification Form
(February 15, 2011)
Recommended Borrower/Investee Certifications and Loan Covenants
(July 8, 2004)
Recommended Practices to Determine that a Non Real Estate Business is a Qualified Active Low-Income Community Business (QALICB)
(July 8, 2004)
Recommended Practices to Determine that a Real Estate Business is a Qualified Active Low-Income Community Business (QALICB)
(July 8, 2004)
Recommended Practices to Document Reasonable Expectation
(July 8, 2004)
Recommended Practices to Document Substantially All
(July 8, 2003)