CDFI Fund Seeking Comments on How to Ensure Proportional NMTC Allocations to Nonmetro Counties

摘要

The Community Development Financial Institutions (CDFI) Fund is seeking comments on ways to ensure that nonmetropolitan counties receive a proportional allocation of New Markets tax credit (NMTC) investment authority. A notice soliciting public comments was published in the May 22 Federal Register, and comments are due July 6. The NMTC statute was amended last year to require that nonmetro counties receive a proportional amount of NMTC qualified equity investments (QEIs).