LADF Allocation $11,000,000
Total NMTC Funding $40,000,000
Total Project Cost $59,483,500
Permanent Jobs Created - 145
Construction Jobs Created - 424
Square Footage Created - 64,480
LADF Allocation $12,500,000
Total NMTC Funding $23,900,000
Total Project Cost $30,697,500
Permanent Jobs Retained - 42
Permanent Jobs Created - 3
Construction Jobs Created - 60
Square Footage Rehabilitated - 19,200
LADF Allocation $5,283,334
Total NMTC Funding $70,183,334
Total Project Cost $97,449,379
Permanent Jobs Created - 92
Construction Jobs Created - 150
Square Footage Added - 147,497
LADF Allocation $15,000,000
Total NMTC Funding $27,000,000
Total Project Cost $37,832,400
Permanent Jobs Created - 34
Construction Jobs Created - 30
Square Footage Added - 74,900
LADF Allocation $12,000,000
Total NMTC Funding $12,000,000
Total Project Cost $18,884,900
Permanent Jobs Retained - 13
Permanent Jobs Created - 8
Construction Jobs Created - 75
Square Footage Added - 24,000
LADF Allocation $11,000,000
Total NMTC Funding $24,000,000
Total Project Cost $24,655,600
Permanent Jobs Created - 15
Construction Jobs Created - 44
Square Footage Rehabbed - 20,000
Square Footage Added - 20,000
LADF Allocation $15,000,000
Total NMTC Funding $15,000,000
Total Project Cost $33,784,500
Permanent Jobs Created - 235
Construction Jobs Created - 30
Square Footage Rehabbed - 41,000
LADF Allocation: $10,000,000
Total NMTC Funding: $18,000,000
Total Project Cost: $19,000,000
Permanent Jobs Retained: 59
Permanent Jobs Created: 15
Construction Jobs Created: 275
Square Footage Created: 40,000
LADF Allocation: $10,000,000
Total NMTC Funding: $41,500,000
Total Project Cost: $44,210,000
Permanent Jobs Created: 243
Construction Jobs Created: 100
Square Footage Created: 118,200
LADF Allocation $10,000,000
Total NMTC Funding $31,200,000
Total Project Cost $32,908,400
Permanent Jobs Created - 20
Construction Jobs Created - 132
Square Footage Added - 26,000
LADF Allocation $4,068,000
Total NMTC Funding $4,068,000
Total Project Cost $4,268,000
Permanent Jobs Created - 40
Construction Jobs Created - 20
Square Footage Rehabbed - 5,150
LADF Allocation $3,932,000
Total NMTC Funding $25,932,000
Total Project Cost $27,400,000
Permanent Jobs Created - 36
Construction Jobs Created - 80
Square Footage Added - 26,000
1st LADF Allocation $2,750,000
2nd LADF Allocation $5,400,000
Total NMTC Funding $19,950,000
Total Project Cost $20,714,000
Permanent Jobs Retained - 54
1st Allocation Permanent Jobs Created - 12
2nd Allocation Permanent Jobs Created - tbd
1st Allocation Construction Jobs Created - 280
2nd Allocation Construction Jobs Created - 47
Square Footage Added - 25,000
LADF Allocation: $10,000,000
Total NMTC Funding: $43,000,000
Total Project Cost: $81,887,066
Permanent Jobs Projected: 80
Construction Jobs Projected: 330
Square Footage added: 78,300
LADF Allocation: $10,000,000
Total NMTC Funding: $24,500,000
Total Project Cost: $33,952,000
Permanent Jobs Retained: 180
Permanent Jobs Projected: 50
Construction Jobs Projected: 150
Square Footage Rehabbed: 153,100
LADF Allocation: $10,000,000
Total NMTC Funding: $16,000,000
Total Project Cost: $17,900,000
Permanent Jobs Created: 276
Construction Jobs Created: 54
Square Footage rehabbed: 63,821
LADF Allocation: $10,000,000
Total NMTC Funding: $43,000,000
Total Project Cost: $46,000,000
Permanent Jobs Created: 742
Construction Jobs Created: 242
Square Footage rehabbed: 59,985
LADF Allocation: $10,000,000
Total NMTC Funding: $15,000,000
Total Project Cost: $34,636,898
Permanent Jobs Created: 81
Construction Jobs Created: 231
Square Footage Added: 57,000
LADF Allocation: $10,000,000
Total NMTC Funding: $20,000,000
Total Project Cost: $24,500,000
Permanent Jobs Retained: 190
Permanent Jobs Created: 105
Construction Jobs Created: 173
Square Footage Added: 112,349
LADF Allocation: $10,000,000
Total NMTC Funding: $49,700,000
Total Project Cost: $49,700,000
Permanent Jobs Retained: 101
Permanent Jobs Created: 65
Construction Jobs Created: 116
Square Footage rehabbed: 422,000
LADF Allocation: $12,500,000
Total NMTC Funding: $28,300,000
Total Project Cost: $29,100,000
Permanent Jobs Created: 100
Construction Jobs Created: 77
Square Footage Added: 29,000
LADF Allocation: $15,000,000
Total NMTC Funding: $38,000,000
Total Project Cost: $38,000,000
Permanent Jobs Created: 293
Construction Jobs Created: 273
Square Footage Added: 81,239
LADF Allocation: $27,493,322
Total NMTC Funding: $27,493,322
Total Project Cost: $27,493,322
Permanent Jobs Retained: 198
Permanent Jobs Created: 100
Construction Jobs Created: 151
Square Footage Rehabbed: 169,502
LADF Allocation: $20,000,000
Total NMTC Funding: $70,156,959
Total Project Cost: $70,156,959
Permanent Jobs Retained: 148
Permanent Jobs Created: 298
Construction Jobs Created: 753
Square Footage Added: 153,598
LADF Allocation $12,000,000
Total NMTC Funding $12,000,000
Total Project Cost $14,536,400
Permanent Jobs Retained 20
Permanent Jobs Created 70
Construction Jobs Created 12
Square Footage Created 22,000
LADF Allocation $7,000,000
Total NMTC Funding $27,500,000
Total Project Cost $28,846,420
Permanent Jobs Retained 40
Permanent Jobs Created 20
Construction Jobs Created 43
Square Footage Created 42,263
LADF Allocation $10,500,000
Total NMTC Funding $24,500,000
Total Project Cost $28,800,000
Permanent Jobs Retained 45
Permanent Jobs Created 55
Construction Jobs Created 34
Square Footage Rehabbed 17,782
We understand that DOGE is at the Treasury Department and that they have ordered the cancellation of several hundred contracts, including contracts to evaluate the NMTC application (the round that just closed) as well as contracts to evaluate applications for the CDFI FA/TA and NACA programs.
This poses a real and immediate threat to the CDFI Fund and the critical programs it supports. Please contact your members of Congress - particularly Republicans - and ask them to weigh in with Treasury Secretary Bessent in support of preserving the CDFI Fund.