Welcome to the Finance Fund Blog!This is a pretty important day in the history of Finance Fund. We learned this morning that we have been awarded $50 million in New Markets Tax Credits from the CDFI Fund in the U.S. Department of Treasury. The funding will be used to offer low-interest financing for projects that revitalize both urban and rural low-income [...]
I begin today with two days at the Novogradic New Markets Tax Credit Conference talking about current hot button issues in the industry. The most prevalent is the recently release GAO report “Minority Entities Are Less Successful in Obtaining Awards Than Non-Minority Entities” that attempts to identify reasons for the lack of success. I have [...]
You’d think the adages about “practice makes perfect” and “repetition builds familiarity” would have some kernel of truth. The reality is that the click on the button submitting our New Market Tax Credit application always comes at the end of an excruciating journey through the process of telling the Finance Fund story. Last Tuesday we [...]
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