Treasury Announces $3.5 Billion in New Markets Tax Credit Awards to Spur Economic Growth Nationwide - June 16, 2015

The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) announced more than $3.5 billion in New Markets Tax Credit awards aimed at stimulating investment and economic growth in low-income urban neighborhoods and rural communities nationwide. A total of 76 organizations (Allocatees) across the country will receive tax credit allocation authority under the 2014 round of the New Markets Tax Credit Program.

Click here for a list of Massachusetts awardees/allocatees.

Click here for the full press release and additional information.