The Community Development Financial Institutions (CDFI) Fund recently announced approximately $5 billion in funding to 90 organizations through the New Markets Tax Credit (NMTC) Program, including approximately $1.5 billion provided through the American Recovery and Reinvestment Act (ARRA). To date, over $14 billion of private-sector capital has been invested through the NMTC Program into urban and rural communities throughout the country. Read More…