Why NMTCs for affordable homeownership?

UPDATE: In July 2025, New Markets Tax Credits were made a permanent part of the U.S. tax code! NMTCs have proven to be an effective tool for increasing access to affordable homeownership, but despite its history of success, in 2024, less than 2% of the $5 billion of NMTCs awarded by the CDFI Fund was for affordable homeownership development.

By |2025-08-13T18:18:54-04:00May 21, 2025|Advocacy, Federal, Housing News|Comments Off on Why NMTCs for affordable homeownership?

$60 Million NMTC Allocation awarded to Smith NMTC partner, Housing Partnership Network

The Community Development Financial Institutions (CDFI) Fund has announced the [...]

By |2025-03-19T14:54:42-04:00September 20, 2024|Federal, HPN, Partners, Press Releases, Projects|1 Comment

$40 Million NMTC Allocation awarded to Smith NMTC partner, Community Housing Capital

The Community Development Financial Institutions (CDFI) Fund has announced the [...]

By |2025-03-19T14:55:36-04:00September 19, 2024|CHC, Federal, Partners, Press Releases, Projects|1 Comment

$25 Million NMTC Allocation to Expand Homeownership Opportunities

Last week, the Community Development Financial Institutions Fund (CDFI Fund) [...]

By |2024-07-15T17:13:59-04:00September 27, 2023|Federal, Partners, Projects, Services|Comments Off on $25 Million NMTC Allocation to Expand Homeownership Opportunities

$45 Million NMTC Allocation to Expand Homeownership Opportunities

Last week, the Community Development Financial Institutions Fund (CDFI Fund) [...]

By |2024-07-12T18:47:26-04:00November 1, 2022|Federal, Housing News, Partners, Projects|Comments Off on $45 Million NMTC Allocation to Expand Homeownership Opportunities

Perspective on the Ways and Means Committee Hearing on Leveraging the Tax Code to Stimulate Infrastructure Investment

Repost of Alex Ruiz for Novogradac (May 20, 2021) Novogradac [...]

By |2021-05-25T10:29:59-04:00May 21, 2021|Advocacy, Federal|Comments Off on Perspective on the Ways and Means Committee Hearing on Leveraging the Tax Code to Stimulate Infrastructure Investment
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