Twenty NH&RA Members Awarded New Markets Tax Credits in Current Round

On November 17, the CDFI Fund announced awardees for the current NMTC funding round. At $7B, this was the largest round in the history of the program. 120 organizations were awarded, representing headquarters in 36 states, the District of Columbia, and Puerto Rico. Since its creation in 2001, the NMTC has been responsible for the creation or retention of 500,000 jobs, development of over 164 million square feet of commercial real estate, and has also generated $42B in investments in low-income communities and businesses.

NH&RA is proud to announce that the following members received awards this round:

Advantage Capital Community Development Fund, LLC
Building America CDE, Inc.
CAHEC New Markets, LLC
Central States Development Partners, Inc.
Cinnaire New Markets LLC
Commonwealth Cornerstone Group
Community Development Finance Alliance
ESIC New Markets Partners LP
Greater Wisconsin Opportunities Fund, Inc.
GS New Markets Fund, LLC
IFF
Local Initiatives Support Corporation
MBS Urban Initiatives CDE, LLC
MHIC NE New Markets CDE II LLC
National Trust Community Investment Corporation
PNC Community Partners, Inc.
RBC Community Development, LLC
Telesis CDE Corporation
The Business Valued Advisor Fund, LLC
The Rose Urban Green Fund, LLC