Travois New Markets has invested a total of $110 million in New Markets Tax Credit allocation that it was awarded from the
Community Development Financial Institutions Fund of the U.S.
Treasury through its
Community Development Financial Institutions Fund.
"The
Community Development Financial Institutions Fund, through its matching fund requirements, has demonstrated that small amounts of federal dollars can be powerful magnets for private-sector investment," says Ellen Lazar of the Treasury Department.
Treasury's
Community Development Financial Institutions Fund as a result of the bank's record of financing projects critically needed in its communities.
In 2017, the
Community Development Financial Institutions Fund (CDFI Fund) awarded our credit union with a substantial grant in recognition to its efforts supporting individuals and small businesses to accessing affordable and accessible financial services.
Net income for the six months ended June 30, 2014, primarily reflected the recapture of loan loss reserves of USD1.6m and the grant of USD200,000 from the
Community Development Financial Institutions Fund administered by the U.S.
The NMTC program was created in December 2000 and is administered through the
Community Development Financial Institutions Fund (CDFI Fund) by the U.S.
Bancorp Community Development Corporation, Matt Josephs, of
Community Development Financial Institutions Fund, and Mark Diachok, of the Bank of America, will be among the featured speakers.