Unrelated Party Guidance Revised For Scoring 2010 NMTC Applications

摘要

New Markets tax credit (NMTC) applicants will find it easier to get five bonus points for investing in unrelated businesses under Community Development Financial Institutions (CDFI) Fund guidance for the 2010 program round.rnThe guidance was issued in the form of questions and answers posted on the Fund's web site.rnIn a related development, the CDFI Fund has also posted the electronic allocation application for the 2010 NMTC round on its web site.rnUnder the competitive scoring system, community development entities (CDEs) seeking NMTC allocations can receive up to 25 points each for their business strategy, community impact, management capacity, and capitalization strategy.