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CDFI Fund Opens $ 3.5 Billion NMTC Allocation Round for CY 2017

Tuesday, May 2, 2017 - 8:45AM

The Community Development Financial Institutions (CDFI) Fund today released the notice of allocation availability (NOAA), making $3.5 billion available through its calendar year (CY) 2017 round of the New Markets Tax Credit (NMTC) program. Applications for the CY 2017 NMTC allocation round are due June 21. Community development entity (CDE) certification applications are due May 17 and the deadline for prior allocatees to meet minimum qualified equity issuance (QEI) thresholds is updated to Aug. 18.

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