Stimulating private capital investment in low-income communities.

Community Impact Fund

The Federal NMTC Program is a financing tool for qualified projects and a tax incentive for investors. The NMTC Program, financed by the Community Development Financial Institutions (CDFI) fund, attracts private capital into low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax in exchange for making equity investments in specialized financial intermediaries called Community Development Entities (CDE).