CDFI Fund Director Optimistic About NMTC Reauthorization, 2010 Funding Awards
By Caitlin Jones
1 min read
Tax Credit Advisor, November 2010: Donna Gambrell, Director of the Community Development Financial Institutions (CDFI) Fund, is optimistic that Congress will reauthorize the federal new markets tax credit (NMTC) program, clearing the way for the announcement of 2010 funding round allocation awards.
Meanwhile, the Fund is exploring possible actions to encourage greater NMTC investment in operating businesses and to make the program more user-friendly and attractive to investors, Gambrell and Rosa Martinez, Acting Manager of the NMTC Program, said in a recent interview. Read More…