TITLE

The Credit Helps Fund a Variety of Projects in Low-Income Communities, but Could Be Simplified

PUB. DATE
January 2010
SOURCE
GAO Reports;1/29/2010, preceding p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article presents a report from the U.S. Government Accountability Office (GAO) in context to New Markets Tax Credits (NMTC) awarded by the U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund. The report describes where, and how Community Development Entities (CDEs) are using NMTCs. Recommendations of GAO are also presented.
ACCESSION #
48056373

 

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