CDFI Fund Requests Comments on NMTC Allocation Application

Monday, December 28, 2020 - 8:45am

The Community Development Financial Institutions (CDFI) Fund will publish in Tuesday’s Federal Register a request for comment on the New Markets Tax Credit (NMTC) program allocation application for the fiscal year (FY) 2021 through 2024 funding rounds. Comments on the application must be received by the Federal Register by March 1. The NMTC is authorized through the FY 2025 round.

More NMTC updates will be discussed at the Novogradac 2021 New Markets Tax Credit Virtual Conference, Jan. 21-22, 2021.