The U.S. Department of the Treasury’s Community Development Financial Institution Fund (CDFI) announced $5 billion in New Market Tax Credits.

Out of 208 applicants, Treasury awarded credits to 100 community development entities. The awardees include more than a dozen members of National Housing & Rehabilitation Association. NH&RA congratulates the recipients and wishes them success with all their plans.

Details about the awardees and the CDFI process can be found here.