Applicants for an allocation of funds under the 2009 New Markets Tax Credit (NMTC) Program round are reminded that the qualified equity investments (QEI) issuance reporting deadline is approaching on Wednesday, June 17. According to the 2009 notice of allocation availability (NOAA), applicants must demonstrate to the Community Development Financial Institutions (CDFI) Fund that they have issued a certain percentage of their qualified equity investments (QEIs) or issued and received a certain percentage of cash and commitments in order to be eligible to receive the tax credits.  read more…