On November 17, 2016, the Community Development Financial Institutions (CDFI) Fund announced the allocation of $7 billion of Federal NMTC authority. The Community Development Entities receiving this allocation are actively looking for projects to fund.
If you have or are aware of a project looking for federally subsidized funding, you may be in luck. Both real estate and operating business projects carried out by both for-profit and non-profit entities may qualify if located in a low-income community or if such business is owned by, employs, or serves low-income persons.
For more information, please see below and contact any one of our NMTC Team Leaders.
Helpful Links:
• Allocation Awards
• NMTC Program Description
• NMTC Mapping Tool
Jones Walker NMTC Team Leaders:
Jonathan R. Katz jkatz@joneswalker.com or 504.582.8314
Aileen S. Thomas athomas@joneswalker.com or 604.949.4751
Ronald A. Bell rbell@joneswalker.com or 513.830.0266
Michael A. Lee mlee@joneswalker.com or 401.296.1735
J. Marshall Page mpage@joneswalker.com or 504.582.8248
