The Community Development Financial Institutions (CDFI) Fund posted an updated frequently asked questions (FAQ) document concerning the calendar year (CY) 2024-2025 New Markets Tax Credit (NMTC) allocation application. The updates include text changes, as well as clarifications concerning questions about eligibility, business strategy, community outcomes and previous awards. CY 2024-2025 NMTC applications are due Jan. 29, 2025.
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