Recent News

Tuesday, September 29, 2020

Legislation introduced in the Louisiana House of Representatives would amend the state New Markets Jobs Act incentive to make businesses affected by Hurricane Laura eligible as qualified active low-income community businesses (QALICBs) for qualified equity investments (QEIs) made on or after Aug. 1, 2020. Similar legislation was introduced in the state Senate.

Tuesday, September 29, 2020

A bipartisan group of House Ways and Means Committee members submitted a letter this week calling on the Community Development Financial Institutions (CDFI) Fund to ensure Native communities have fair access to the new markets tax credit (NMTC).

Thursday, September 24, 2020

The Community Development Financial Institutions (CDFI) Fund today awarded $204.1 million to 397 CDFIs through the fiscal year 2020 round of the CDFI program and Native American CDFI Assistance (NACA) program .

Thursday, September 24, 2020

The calendar year (CY) 2020 New Markets Tax Credit (NMTC) notice of allocation availability (NOAA) references a new requirement for applicants to complete and save their NMTC application registration within the Awards Management Information System (AMIS) before Oct. 9 at 5 p.m. ET. The NMTC application registration includes applicant information such as applicant name and controlling entity name.

Tuesday, September 22, 2020

A Novogradac special report released today examines the implications of a Democratic sweep of the House of Representatives, Senate and White House in November’s election.

NMTC Working Group
icon nmtc working group
Participate in the discussion on the latest NMTC trends and issues.
NMTC Special Report
product special report nmtc outperforms - highlight block
NMTC Program Outperforms Comparable Cash Grant Program
NMTC Mapping Tool
icon map
Find NMTC properties by zip code, census tract, and more.