Download or read book New Markets Tax Credit Minority Entities Are Less Successful in Obtaining Awards Than Non Minority Entities written by Michael Brostek and published by DIANE Publishing. This book was released on 2009-12 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Community Development Financial Institutions (CDFI) Fund has awarded $21 billion of the $26 billion in New Markets Tax Credits (NMTC) to Community Development Entities (CDE) between 2001 and 2009. CDEs use the NMTC to make qualified investments in low-income communities. This testimony: (1) identifies the number of minority and non-minority CDEs that applied to the CDFI Fund and received NMTC awards; (2) explains the process by which the CDFI Fund makes awards and summarizes application scores; (3) describes challenges minority and non-minority CDEs face in applying for and receiving awards and; (4) identifies efforts the CDFI Fund and others have taken to assist minority CDEs in applying for awards. Tables.
Download or read book New Markets Tax Credit written by Michael Brostek and published by DIANE Publishing. This book was released on 2009-12 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Community Develop. Financial Institutions (CDFI) Fund has awarded $19 bill. in New Markets Tax Credits (NMTC) to encourage invest. in low-income communities. The NMTC allows investors to claim a tax credit in exchange for investing in Community Development Entities (CDE) that reinvest the funds in qualified communities. This report: (1) identifies the number of minority and non-minority CDEs that have applied to the CDFI Fund and received NMTC awards; (2) explains the process by which the CDFI Fund makes NMTC awards; (3) describes challenges that minority and non-minority CDEs face in receiving NMTC awards; and (4) identifies efforts the CDFI Fund are taking to assist minority CDEs in applying for NMTC awards. Illus.
Download or read book New Markets Tax Credit written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02-02 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Markets Tax Credit: Minority Entities Are Less Successful in Obtaining Awards Than Non-Minority Entitities
Download or read book New Markets Tax Credit written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-19 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Markets Tax Credit: Minority Entities Are Less Successful in Obtaining Awards Than Non-Minority Entities
Download or read book New Markets Tax Credit written by and published by . This book was released on 2009 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Joint Hearing on Certain Aspects of the New Markets Tax Credit NMTC Program written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 2010 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on the Activity of the Committee on Financial Services for the Congress written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2011 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Administration and Public Affairs written by Nicholas Henry and published by Routledge. This book was released on 2015-07-14 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated in its 12th edition, Public Administration and Public Affairs shows readers how to govern efficiently, effectively, and responsibly in an age of political corruption and crises in public finance. With a continuing and corroding crisis occurring, as well as greater governance by nonprofit organizations and private contractors, it is vital that readers are given the skills and tools to lead in such an environment. Using easy-to-understand metaphors and an accessible writing style, Public Administration and Public Affairs shows its readers how to govern better, preparing them for a career in public administration.
Download or read book New Markets Tax Credit The Credit Helps Fund a Variety of Projects in Low Income Communities but Could be Simplified written by and published by DIANE Publishing. This book was released on with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Markets Tax Credit The Path for Financial Institution Participation written by Anthony Masino and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, utilizing economic incentives to spur business growth and relocation are almost as old as the Country itself. The frequency of incentives to spur capital investment and job creation in low to moderate income communities has increased over the last 20 years. Congress established the New Markets Tax Credit (NMTC) program as part of the Community Renewal Tax Relief Act of 2000 to encourage investors to make investments in impoverished, low-income communities (LICs) that traditionally lack access to capital. In December 2010, Congress renewed the NMTC program for an additional two years based on intense lobbying by investors, lenders and non-profits. Based on the historical awards of the NMTC, financial institutions (especially those that coordinate efforts with local non-profits that cater to the economic stability of LICs) continue to maintain an advantage in receiving awards (directly or indirectly). The renewed program continues to insure support of financial institution and non-profit coordination. The last several years of the program has seen a concentrated effort by program administrators to award program benefits to those Applicants that coordinate LIC efforts in an attempt to revitalize and stabilize each local economy. With the extension of the NMTC program with additional compliance requirements, it appears financial institutions will continue to grab the lion's share of NMTC allocations. Those financial institutions that partner with local or regional non-profits in pursuit of sustainable lending opportunities in LICs will be at a distinct advantage. This article addresses program background, the application process to receive a NMTC award and favorable conditions for financial institutions' to receive a NMTC award.
Download or read book Federal Register written by and published by . This book was released on 1994-05-11 with total page 1012 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Community Development Financial Institutions CDFI Fund written by Sean Lowry and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report begins by describing the Community Development Financial Institutions Fund's history, current appropriations, and each of its programs. The next section analyzes four policy considerations of congressional interest regarding the Fund and the effective use of federal resources to promote economic development. Lastly, this report examines the Fund's programs and management to see if they represent an effective and efficient government effort to promote economic development in low-income and distressed communities.
Download or read book Information Needs of Communities written by Steven Waldman and published by DIANE Publishing. This book was released on 2011-09 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2009, a bipartisan Knight Commission found that while the broadband age is enabling an info. and commun. renaissance, local communities in particular are being unevenly served with critical info. about local issues. Soon after the Knight Commission delivered its findings, the FCC initiated a working group to identify crosscurrent and trend, and make recommendations on how the info. needs of communities can be met in a broadband world. This report by the FCC Working Group on the Info. Needs of Communities addresses the rapidly changing media landscape in a broadband age. Contents: Media Landscape; The Policy and Regulatory Landscape; Recommendations. Charts and tables. This is a print on demand report.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Download or read book Capital Markets CDFIs and Organizational Credit Risk written by Charles Tansey and published by Carsey Institute. This book was released on 2010 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can Community Development Financial Institutions (CDFIs) get unlimited amounts of low cost, unsecured, short- and long-term funding from the capital markets based on their organizational credit risk? Can they get pricing, flexibility, and procedural parity with for-profit corporations of equivalent credit risk? One of the key objectives of this book is to explain the reasons why the answer to the two questions above remains "no." The other two key objectives are to show the inner workings of what has been done to date to overcome the obstacles so that we don't have to retrace the same steps and recommend additional disciplines that position CDFIs to take advantage of the mechanisms of the capital markets once the markets stabilize.
Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Download or read book Black Enterprise written by and published by . This book was released on 2000-06 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: BLACK ENTERPRISE is the ultimate source for wealth creation for African American professionals, entrepreneurs and corporate executives. Every month, BLACK ENTERPRISE delivers timely, useful information on careers, small business and personal finance.
