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CDFI Fund Publishes Updated NMTC Application, Federal Register Notice Seeking Comments

Friday, February 23, 2024 - 8:51AM

The Community Development Financial Institutions (CDFI) Fund today published an updated new markets tax credit (NMTC) application template for the calendar year 2024 allocation round, as well as a Federal Register notice requesting comment. The updated application includes several changes, including to the business strategy, community outcomes, management capacity and capitalization sections. Comments on the application are due by April 23.

The New Markets Tax Credit Working Group will review the updated application and submit comments to the CDFI Fund. The group is open to new members.

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