New Markets applications invited

The Community Development Financial Institutions Fund has just published its invitation for applications in the 2006 award cycle of the New Markets Tax Credit. Applications must be submitted electronically or postmarked by September 21. Premable material says "Business Strategy" and "Community Impact" will get extra consideration as they did in the last cycle. For more details and application materials see the CDFI Fund's own site, which is also advertising an August 4 "informational workshop" on the program.

Also in today's Federal Register, the Federal Housing Finance Board has identified the banks it will review this summer for compliance with community support rules, and HUD has posted the information collction notice preliminary to conducting its planned study on the fortunes of formerly homeless families who have spent time in subsidized transitional housing.