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December 12, 2006
Federal Reserve Bank of Dallas
The U.S. Treasury’s Community
Development Financial Institutions (CDFI) Fund conducted
an application workshop for its New Markets Tax Credit
(NMTC) Program at the Dallas Fed on Tuesday, December
12, 2006. The purpose of this workshop was to describe
how the NMTC Program works, including how to apply for
certification as a Community Development Entity (CDE)
and how to apply to compete for an allocation of NMTCs
in the upcoming round.
The CDFI Fund anticipates that
the next round of the NMTC Program will officially open
on December 1, 2006, with the publication of a Notice
of Allocation Availability (NOAA) in the Federal Register.
Under this fifth round of the NMTC Program, the CDFI
Fund has the authority to issue $3.5 billion in allocations
under the general round and an additional $400 million
for recovery and redevelopment in the Gulf Opportunity
Zone.
Workshop Details
New Markets Tax Credit Application
Location
- Federal Reserve Bank of Dallas
2200 N. Pearl St., Dallas, TX 75201
- Directions
| Map
More Information
- Contact William B. Luecht, Jr. at luechtw@cdfi.treas.gov
or visit the CDFI
Fund website.
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