CDFI Publish Date
Treasury Awards $3.5 Billion to Encourage Private Sector Investments in Distressed Communities

Washington, DC - U.S. Treasury Deputy Secretary Robert M. Kimmitt and Treasury's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell announced in Washington, DC, that 70 organizations were selected to receive $3.5 billion in tax credits for use in low-income communities.

U.S. Treasury Awards $20.1 Million in Awards to Banks for Work in Economically Distressed Communities Nationwide
2008 BEA Overview of Awardees 2008 BEA List of Awardees 2008 BEA Profiles of Awardees
U.S. Treasury Official Announces Over $8.2 Million to Benefit Economically Distressed Native American Communities

Scottsdale, AZ -- Today Director Donna J. Gambrell of the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced the twenty-nine organizations from across the nation that have been selected to receive over $8.2 million in awards under the 2008 round of the CDFI Fund's Native American CDFI Assistance (NACA) Program

Demand for New Markets Tax Credits Remains Strong 239 Applications Received Requesting Over $21.3 Billion

Washington, DC -- The U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund announced today that it received a total of 239 applications under the 2008 round of the New Markets Tax Credit (NMTC) Program. These applicants requested an aggregate total of $21,301,795,539 in NTMC allocation authority.