CDFI FUND POSTS PUBLIC COMMENTS ON NMTC PROGRAM

Friday, April 6, 2012 - 8:00AM

The Community Development Financial Institutions (CDFI) Fund today posted to its web site comments submitted in response to its Request for Public Comment regarding the New Markets Tax Credit (NMTC) program. The New Markets Tax Credit Working Group’s comment letter was one of 19 responses submitted regarding topics such as census tract eligibility and commitment to areas of higher distress, treatment of certain businesses, community accountability, transaction costs, evaluation of financial products and use of other federally subsidized financing in conjunction with NMTCs.

Learn more about suggested changes to the NMTC program by attending the Spring New Markets Tax Credit Conference, June 7-8, 2012 in Washington, D.C.

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