CDFI Fund Director Harris to Depart at End of April
Community Development Financial Institutions (CDFI) Fund Director Jodie Harris today announced she will leave her post at the end of April and become the president of the Philadelphia Industrial Development Corporation. Harris said Marcia Sigal, CDFI Fund deputy director of policy and programs, will become acting director in May. The CDFI Fund oversees the new markets tax credit (NMTC) incentive, the Capital Magnet Fund (CMF) and other community development programs. Harris was named the CDFI Fund director in January 2019, succeeding Annie Donovan.
The CDFI Fund and its plans concerning the NMTC will be a topic at the Novogradac 2023 Spring New Markets Tax Credit Conference, June 8-9 in Washington, D.C.