The Community Development Financial Institutions (CDFI) Fund published a notice of allocation availability (NOAA), making $5 billion in New Markets Tax Credit (NMTC) allocation authority available for the 2020 NMTC allocation round. The 2020 NMTC allocation round is the final round authorized by Congress. Applications are due November 16. Program applicants must be certified as Community Development Entities (CDEs) by the CDFI Fund. More information on CDE Certification, can be found on the CDFI Fund’s CDE Certification page.
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