CDFI Fund Releases Data Related to NMTC Program Projects Financed Through 2010
The U.S. Department of the Treasury's Community Development Financial Institutions Fund released data collected on projects financed in low-income communities across the nation through 2010. The CDFI Fund requires all Community Development Entities awarded New Markets Tax Credit allocations to submit an annual report detailing how they invested Qualified Equity Investment proceeds in low-income communities.