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The Community Development Financial Institutions Fund has announced the 87 Community Development Entities who were selected to receive New Markets Tax Credit allocations under the calendar year 2013 round. The New Markets Tax Credit allocations awarded totaled $3.5 billion in tax equity.

DV Community Investment is proud to have received its fourth NMTC Allocation in the amount of $60,000,000.

DVCI's primary mission to create quality full-time jobs in communities of concentrated unemployment or underemployment by financing businesses which create long term community benefits, such as healthcare and educational institutions, community-oriented mixed-use projects, and business loans with an emphasis in emerging industry sectors, such as alternative energy.

Please download the PDF to the left to read the full article.