CDFI PROGRAM AWARD BOOK
AWARD HIGHLIGHTS: KEY STATISTICS OF FY 2021 BASE FINANCIAL ASSISTANCE . APPLICANTS. For the fiscal year (FY) 2021 funding round of the CDFI Program, the CDFI Fund ... African Economic Development Solutions St Paul MN $300,000 $300,000 ... LLC Houston TX $125,000 $125,000
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CY 2017 NEW MARKETS TAX CREDIT PROGRAM …
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n d om u mu o n s F ny i t u i t evelopme nt Fi a n c i a ...
www.cdfifund.govl o p me nt Fi a n c i a l I n s t t u o n s F u n d U . S . S D E P A R T M E N T of t h e T R A U R Y Over the past decade, our nation’s low-income communities have suffered due to factors such as dormant manufacturing facilities, inadequate education and healthcare services,
2020 Introduction to the New Markets Tax Credit Program
www.cdfifund.gov• The CDFI Fund awards a tax credit allocation of $1 million to a CDE. • The CDE offers the tax credit to a single investor in exchange for a $1 million equity investment. – Generates a $50,000 credit annually for the first three years; – Generates a $60,000 credit annually for the final four years. • Total credit value over 7 years ...
n d om u mu o n s F ny i t u i t evelopme nt Fi a n c i a ...
www.cdfifund.govincome people are empowered to enter the financial mainstream. The community-based ... Certification, CDFIs are qualified to apply for technical assistance and financial assistance awards, as well as training provided by the CDFI Fund through the Capacity ... We offer Frequently Asked Questions and tip sheets online, as well as monthly ...
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www.cdfifund.govFor every $1 invested by the Federal government, the NMTC Program generates over $8 of private investment. The NMTC Program catalyzes investment where it’s needed most – nearly 75% of New Markets Tax Credit investments have been made in highly distressed areas. These are communities with low median incomes and high rates of unemployment ...
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