NMTC allocation

Cinnaire Awarded $85M in NMTC in Record-Breaking 2024–2025 Round

graphic announcing $85M NMTC Award with image of people with shovels at a groundbreaking event

Permanent NMTC Program Continues to Strengthen Education, Workforce, and Economic Opportunity in Underinvested Communities Cinnaire has been awarded an $85 million New Markets Tax Credit (NMTC) allocation in the historic combined calendar year 2024–2025 round administered by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This year’s round represents a record-breaking $10 billion in […]

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Great Lakes Capital Fund Receives $35 million to Revitalize Midwest Neighborhoods through Federal New Markets Tax Credits

 Cinnaire (Cinnaire) and subsidiary, CapFund New Markets, LLC are proud to announce their New Markets Tax Credit award of $35 million from the US Department of Treasury and the CDFI Fund. To date, CapFund New Markets, LLC has invested over $74 million in developments that revitalize neighborhoods and are directly responsive to the needs of

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