$4.1B in New Markets Tax Credits For Major Urban Areas
(https://photos.smugmug.com/Urban-Issues/Miscellaneous/i-Wt2fgZX/0/L/loftsnorthphilly-L.jpg)
The Community Development Financial Institutions Fund just announced $7 billion in NMTCs, the largest single allocation yet. (https://www.cdfifund.gov/news-events/Pages/news-detail.aspx?NewsID=234&Category=Press%20Releases) (The CDFI Fund is a Treasury program that focuses on economic revitalization in underserved communities.)
Read More: http://www.metrojacksonville.com/article/2016-nov-41b-in-new-markets-tax-credits-for-major-urban-areas