Today the CDFI Fund released the long awaited Notice of Allocation Availability (NOAA) for calendar year (CY) 2014 of the New Markets Tax Credit (NMTC) Program, making available up to $5 billion in allocation investment authority (subject to Congressional authorization).
And here the relevant deadlines to watch:
CDE Certification Application Deadline: August 22, 2014
NMTC Electronic Application Dealine: October 1, 2014
Prior Allocatees’ Issuance of Qualified Equity Investments (QEI) Deadline: January 30, 2015
The NOAA may be viewed here.