The U.S. Department of the Treasury’s Community Development Financial Institutions Fund announced $5 billion in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 104 Community Development Entities were awarded tax credit allocations, made through the 2023 round of the New Markets Tax Credit Program.

We are humbled and thrilled to share that DV Community Investment has been awarded $65 million in New Markets Tax Credit allocation. Over the past 14 years, DVCI has directly created over 13,500 quality permanent jobs. These 70 projects serve more than 330,000 people annually, providing previously lacking essential services, including healthcare, education and homeless services resources

For a full list of NMTC awardees, please click here.