Demand for NMTC Higher than Previous Round

Published by Michael J. Novogradac on Wednesday, October 23, 2013 - 12:00AM

Interest in the new markets tax credit program remains steady, as evidenced by today’s announcement from the CDFI Fund that it received 310 applications for the 2013-2014 allocation round.

Here’s a look at how this round’s demand compares to the historical NMTC applications and allocations:

Click to Enlarge