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  • Writer's pictureMAREJ

Cinnaire announces $60 Million New Markets Tax Credit Award from US Treasury CDFI Fund

WASHINGTON DC, — The US Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded Cinnaire a $60 million New Markets Tax Credit (NMTC) Allocation. Since 2009, Cinnaire is an eight-time NMTC recipient with awards totaling more than $419 million. Cinnaire, a non profit CDFI serving the Midatlantic region for more than 28 years, also manages an additional $251 million in NMTC allocation for partner organizations. Read More


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