How lenders will spend federal windfall on low-income communities americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
An economic development incentive that has played a pivotal role in downtown Fort Wayne s renaissance will continue through 2025 as part of the federal pandemic relief package.
Share:
WASHINGTON, Dec. 10, 2020 /PRNewswire/ Tax policy trends and plans for 2021 were the focus as the New Markets Tax Credit (NMTC) Coalition held its annual NMTC Conference yesterday. The event, held virtually for the first time, saw record attendance and featured several members of Congress, former Clinton and Obama officials and the CDFI Fund Director as keynote speakers and marked the 20
th Anniversary of the law establishing the New Markets Tax Credit (NMTC). The Community Renewal Tax Relief Act was signed into law by President Bill Clinton on December 21, 2000.
The conference also included insights from NMTC experts and featured the release of a new report,