Native CDFI Network Statement on New Market Tax Credit Allocations

Native CDFI New Markets Tax Credits NMTCs

For Immediate Release September 3, 2021 WASHINGTON — The U.S. Department of the Treasury’s Community Development Financial Institutions Fund yesterday announced $5 billion in New Market Tax Credit (NMTC) allocations to 100 community development entities (CDEs) in 34 states. The allocations include $30 million in NMTCs awarded to Alaska Growth Capital BIDCO Inc., a Native CDFI/CDE

Native CDFI Network Celebrates Natalie Charley’s Service to the Board and Welcomes Dave Tovey

WASHINGTON, D.C. – Today, the Native CDFI Network (NCN) celebrated and acknowledged Natalie Charley’s service to the NCN as a Board Director and accepted her resignation as her career progresses. NCN also welcomed Dave Tovey, the Executive Director of the Nixyaawii Community Financial Services, and a member of the Confederated Tribes of the Umatilla Reservation