Update for CY 2018 NMTC Program Applicants
The Community Development Financial Institutions Fund (CDFI
Fund) has posted on its website a revised Frequently Asked Questions (FAQs)
document and a revised ‘paper application’ related to the calendar year (CY)
2018 New Markets Tax Credit Program (NMTC Program) application round. The updates to these documents is being provided in response to specific
questions raised during the two conference calls hosted on May 16 and 17, 2018, as well as via Help Desk phone calls, emails, and AMIS Service
Requests. The revised FAQs document also includes a list of the updates made to
the paper application.
Revised guidance information is highlighted in yellow in the updated
FAQs document and includes clarification of the proposed project information
that should be detailed in Application Question 17 versus in Table A5, as well
as reporting of proposed fee structures in Table D2.
The updated documents can be found on the CDFI Fund’s
website at www.cdfifund.gov/nmtc
under How
to Apply Step 2: Apply.
Additional questions may be directed to the CDFI Fund
through the Service Request feature in AMIS or by reaching out to our Help Desk
at (202) 653-0421 or cdfihelp@cdfi.treas.gov. Please keep in mind that the deadline for
questions concerning the CY 2018 NMTC application is 5:00 p.m. ET on June 26,
2018.
For more information about the CDFI Fund and its programs,
please visit www.cdfifund.gov.
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