Applying for New Markets Tax Credits

Every year the CDFI Fund issues a Notice of Availability of Allocations (NOAA) and an allocation application for New Markets Tax Credits. Since 2001, the CDFI Fund has issued four allocation and provided Credits totaling $12.1 billion. Of this amount, $600 million was authorized and targeted to the Gulf Opportunity Zones. The final round of Credits under the original legislation authorizing the New Markets Tax Credit will toatl $3.9 billion, with $400 million targeted to the GO Zones. The CDFI Fund is expected to release the NOAA and the allocation application in the late fall.

• Fact Sheet
• What's New
• Why Authorize the Credit?
• Reauthorizing New Markets Tax Credits
• Applying for New Markets Tax Credits
• Allocatee Information
• New Markets Tax Credit Resources
• NMTC & Other Rapoza Publications