CDFI Fund Issues List of Non-Metro Census Tracts

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         The Community Development Financial Institutions (CDFI) Fund has published a list of 6,488 census tracts within non-metropolitan counties nationwide eligible for investments under the federal new markets tax credit (NMTC) program. The 177-page list is useful for the current 2008 application round for $3.5 billion in NMTC equity investment authority. In the 2008 round, at least 20% of NMTC investments made from awarded allocations must be in non-metropolitan counties. (For background, see Tax Credit Advisor, February 2008, p. 17.)
    (List: http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=5)