New Community Investment Explorer Tool Explores Impact of LIHTC & NMTC

The Federal Reserve Bank of St. Louis recently launched a new interactive tool, Community Investment Explorer (CIE). CIE aggregates customizable data from the CDFI Program, New Markets Tax Credit Program (NMTC Program) and Low-Income Housing Tax Credit (LIHTC) Program to show geographic comparisons and trends over time. CIE draws on publicly available data from over 500,000 community development transactions. Collectively, these programs are responsible for several billion dollars of investment into low- and moderate-income communities each year and support a range of activities, including affordable housing, commercial real estate development, consumer and business lending, and more.  Click here to learn more.