South Bend Tribune : New Use Sought for Former Studebaker Building
The once-grand former headquarters of the Studebaker Corp. automobile empire is being stripped down to its original walls and floors, in preparation for future reuse.
Aug 18 2011
Jul 26 2011
House Bill Proposes 5-Year Extension of NMTC Program
The New Markets Tax Credit Extension Act of 2011 was introduced on July 26, 2011 by Pennsylvania Congressman Jim Gerlach along with five co-sponsors.
May 17 2011
New Markets Tax Credit Extension Act of 2011 (S. 966) Introduced
The New Markets Tax Credit Extension Act of 2011 (S. 966) was introduced on May 11 by a bi-partisan group of Senators led by Senators Jay Rockefeller (D, WVA) and Olympia Snowe (R, ME). The bill is also supported by Sens. Bingaman (D, NM), Brown (R,MA), Kerry (D,MA), Leahy (D,VT) and Schumer (D,NY).
May 11 2011
DV Community Investment Awarded $35M in 2010 NMTC Round
We are pleased to announce that DV Community Investment received its first New Markets Tax Credit allocation in the amount of $35,000,000 during the 2010 Round of NMTC program funding.
May 2 2011
CDFI Fund Releases its 2011 NOAA
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today its 2011 Notice of Allocation Availability (NOAA) which officially opens the 2011 round of competition for $3.5 billion in tax credits under the New Markets Tax Credit Program (NMTC Program).
Feb 24 2011
CDFI Fund Director to Announce $3.5 Billion in National Awards
CDFI Fund Director Donna Gambrell to Announce $3.5 Billion in National Awards for Economic Development and Community Revitalization - Thursday, February 24th 11am ET.
Feb 23 2011
Deputy Secretary Wolin to Announce New Round of New Markets Tax Credit Awards
February 21, 2012 - The ninth round of New Markets Tax Credit (NMTC) Program Awards will be announced by Deputy Treasury Secretary Neal Wolin, along with Louisiana's U.S. Senator Mary Landrieu and Representative Cedric Richmond at on Thursday, February 23, 2012 2 p.m. CT. Five Louisiana institutions will receive New Markets Tax Credit allocations to invest in local development projects.