Modern HousesThe U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released public data collected on new markets tax credit (NMTC) investments for fiscal year (FY) 2003 to 2013. During the first 11 NMTC allocation rounds, the CDFI Fund has made 836 awards to community development entities allocating a total of $40 billion in tax credit authority. The report shows that 9,224 investments in the amount of $35,327,556,853 have been made through FY 2013.  5,568 (60.4%) of the investments in the amount of $23,455,618,766 (66.4%) were in real estate development and leasing activities;  3,468 (37.6%) of the investments in the amount of $11,246,333,008 (31.8%) were in operating businesses; and 164 (1.8%) of the investments in the amount of $625,206,394 (1.8%) were in other financing purposes.

Click here for the CDFI Fund Report.