The electronic application for the 2017 round of the New Markets Tax Credit Program (NMTC Program) is available for applicants through their Awards Management Information System (AMIS) accounts.
The Community Development Financial Institutions Fund (CDFI Fund) published the Notice of Allocation Availability for the 2017 round in the Federal Register on May 4, 2017. Community Development Entities (CDE) interested in applying for New Markets Tax Credit allocation authority under the 2017 round have until 5:00 pm Eastern Daylight Time (EDT), on June 21, 2017 to submit their application.
Application instructions, including how to navigate through AMIS, may be found on the NMTC Program webpage at www.cdfifund.gov/nmtc under How to Apply Step 2: Apply. The CDFI Fund strongly recommends that the instructions and application timelines are reviewed closely by both first-time and repeat applicants and that applicants give themselves adequate time to submit their applications through AMIS. Only electronic applications submitted through AMIS will be considered.
Reminder about Important Deadlines
Per the 2017 Notice of Allocation Availability, the deadlines for the NMTC Program are as follows:
- Submission of CDE Certification Application: May 17, 2017
- Online Submission of Allocation Application: June 21, 2017
- Online Submission of Allocation Application Attachments: June 26, 2017
- Date by which prior Allocatees must issue the requisite percentage of Qualified Equity Investments: August 18, 2017
Applicants should be aware that the CDFI Fund will no longer respond to questions about the electronic application after 5:00 p.m. EDT on June 19, 2017. If you have questions, please contact the CDFI Fund through the Service Request feature in AMIS or by reaching out to our Help Desk at (202) 653-0421 or email@example.com.