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Will the sun set on the New Markets Tax Credit? Updates on recent NMTC allocations and legislation
- Pillsbury Winthrop Shaw Pittman LLP
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- USA
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- March 4 2010
On October 30, 2009, the Community Development Financial Institutions Fund ("CDFI Fund"), a branch of the U.S. Department of the treasury, announced that 99 community development entities ("CDEs") had been selected to receive allocations of new markets tax credits ("NMTC") through the 2009 allocation round ("Round Seven") of the NMTC program
