Journal Article

Case study from application to construction: lenders for community development put new markets tax credits to work


Abstract: Two Community Development Financial Institutions share their stories of how they created CDEs and successfully applied to the CDFI Fund for NMTCs. Both financed innovative projects with their tax credits. In these two articles, they share their experiences and lessons learned in applying for and using tax credits to make community-enhancing investments.

Keywords: Community development corporations; Tax credits; Economic development;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: Community Development Innovation Review

Publication Date: 2005

Issue: 1

Pages: 43-48