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Tuesday, May 10, 2005

New Markets Tax Credit awards tomorrow

As some readers likely know, tomorrow is the announcement date for $2 billion in New Markets Tax Credit awards by the Community Development Financial Institutions (CDFI) Fund. The announcement event is set for 10 a.m. Eastern time, after which the results will presumably appear on the CDFI Fund site. (If they don't show up there, it might be worth checking the main Treasury press page.)

By the way, for CDFI Fund watchers, the CDFI Coalition sent out considerable fresh budget news in its newsletter yesterday.

...and, of course, comments on this and other housing issues are, as ever, welcome. For example, is anyone out there learning to make the New Markets credits work? Got any stories to share?
To read more please refer to our Archives
(see links in right-hand column).
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