CAHEC announced that the U.S. Department of the Treasury’s CDFI Fund awarded CAHEC New Markets $50 million of New Markets Tax Credit (NMTC) allocation authority under the CY 2023 allocation round. The NMTC allocation will finance high-impact community facilities throughout the Southeast and mid-Atlantic regions, creating new jobs and improving access to education, healthcare and essential goods and services in high distress, low-income communities.
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