The Community Development Financial Institutions Fund (CDFI) issued its NMTC Qualified Equity Issuance Report. Since program inception, a total of $43.5 billion has been allocated by the CDFI Fund, $41.7 billion has been finalized and $1.7 billion remains to be finalized.

The CDFI Fund recently announced that it intends to combine allocation authority for calendar years 2015 and 2016, resulting in a total NMTC allocation amount of $7 billion for the current round. Demand for NMTC allocation continues to exceed available allocation evidenced by the fact that 238 applicants requested a total of $17.6 billion in allocation in the current round.