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Allocation awards for a prior round are typically made within the first quarter of the calendar year after a round. In the eighth round (2010), the CDFI fund awarded the $3.5 billion allocation authority pool (generating $1.365 billion in tax credits) to 99 CDEs chosen from 250 applicants, who had requested allocations totaling $23.5 billion. [8]
The CDFI Fund and the legal concept of CDFIs were established by the Riegle Community Development and Regulatory Improvement Act of 1994. Broadly speaking, a CDFI is defined as a financial institution that: has a primary mission of community development , serves a target market, is a financing entity, provides development services, remains ...
In October 2016, Capital Impact received a $2.4 million Healthy Food Financing Initiative award through the 2016 program round of the Treasury Department's Community Development Financial Institution Fund. [15] Capital Impact invested $5.9 million in New Markets Tax Credits to The Commons development at Stanton Square in Washington D.C., which ...
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Herlda Senhouse, the second-oldest resident in the US, died in her sleep on Saturday at 113 years old. Senhouse died at her home in Wellesley, Massachusetts, where she had lived...
They can last up to 1 year or longer in the freezer, whereas they go stale faster in the fridge,” or at room temp. How to: Vacuum-seal or store in a zip-top bag (again, press as much air out as ...
The Local Initiatives Support Corporation (LISC) is a US non-profit community development financial institution (CDFI) that supports community development initiatives across the country. It has offices in nearly 40 cities and works across 2,100 rural counties in 44 states. [ 2 ]
The 50 best Christmas gifts for everyone on your list this year