The CDFI Fund recently released updated program eligibility for the New Markets Tax Credit (NMTC) Program, based on the 2006-2010 American Community Survey (ACS). Community Development Entities (CDEs) will be able to use the 2006-2010 ACS data to determine if Qualified Low-Income Community Investments (QLICIs) are located in NMTC-eligible 2010 census tracts. Eligibility standards for the Community Development Financial Institutions Program, Native American CDFI Assistance Program, and Bank Enterprise Award Program will also be updated based upon the American Community Survey later this year.

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