Skip to content Skip to footer site map

Navigate Up
Sign In
Treasury For...
AboutExpand About
Resource CenterExpand Resource Center
ServicesExpand Services
InitiativesExpand Initiatives
CareersExpand Careers
Connect with Us

Press Center

 Treasury Announces $3.6 Billion in New Markets Tax Credit Awards to Revitalize Communities

Emphasizing the Obama Administration's focus on economic recovery in distressed areas, U.S. Department of the Treasury's Deputy Secretary Neal Wolin, joined by U.S. Senator Mary Landrieu, U.S. Representative Cedric Richmond, and Community Development Financial Institutions Fund (CDFI Fund) Director Donna J. Gambrell, announced $3.6 billion in New Markets Tax Credit (NMTC) awards nationwide. Speaking on the site of a redeveloped military base, Deputy Secretary Wolin announced the selection of 70 organizations across the country to receive NMTC allocation awards under the most recent program round. 

Read more.

Bookmark and Share
Last Updated :3/13/2012 11:16 AM

Treasury Facts

  • The Treasury is the oldest departmental building in Washington and at the time of its completion, it was one of the largest office buildings in the world.