by Allison Kelly | Feb 24, 2011 | New Markets Tax Credits
The US Treasury–CDFI Fund today announced a $63 million New Markets Tax Credits allocation for NDC. The award brings to $549 million the amount of allocations received by NDC since inception of the NMTC program. NDC NMTC allocations have resulted in $1 billion of...
by Allison Kelly | Feb 16, 2011 | New Markets Tax Credits
Opportunities for job-training and employment in the newly emerging solar energy industry are among the most important economic benefits of the Cincinnati Zoo and Botanical Gardens solar voltaic installation that is now under way. The Zoo has just announced that...
by Allison Kelly | Feb 9, 2011 | New Markets Tax Credits, Small Business Lending
At its New Markets Tax Credit Investors’ Conference in Chicago, IL last October, the Novogradac Community Development Foundation recognized two NDC projects at its Third Annual Community Development Awards: Stadium Thriftway in Tacoma, WA and the SL Green StreetSquash...
by Allison Kelly | Feb 8, 2011 | New Markets Tax Credits
First “Targeted Populations” Project Underway in Berkeley, CA NDC’s allocation from the federal New Markets Tax Credit (NMTC) Program made possible a variety of projects all across the country in 2010. Third and fourth quarter projects included a mixed-use...
by Allison Kelly | Feb 7, 2011 | New Markets Tax Credits
NMTCs Make It Happen The Ed Roberts Campus (ERC) in Berkeley, CA is making news in the February 2011 issue of Tax Credit Advisor magazine. Financed in part with NMTCs through NDC’s HEDC New Markets, Inc. , ERC is a model for transit-oriented development and a perfect...
by Allison Kelly | Feb 6, 2011 | New Markets Tax Credits
A New Markets Tax Credit Coalition report marks the first ten years of what has been called the most important Federal resource for community development in three decades. Some highlights from the report: Over 61% of NMTC investments are made in communities with...
