Step 1: CDE Certification Overview

Applying for CDE Certification
Applying for CDE Certification

Step 1: CDE Certification Overview

 

 

CDE Certification Workplan

Applicants for New Markets Tax Credit Program allocations must have received (or applied for) CDE certification. Unlike the NMTC application process, the CDE application process is rolling and there is no limit to the number of CDEs that may be certified. Both for-profit and not-for-profit enterprises are eligible. In addition, existing Community Development Financial Institutions (CDFIs) and Specialized Small Business Investment Companies (SSBICs) automatically qualify and do not need to complete a CDE certification application, although they do need to register electronically with the CDFI Fund…Download the PDF to learn more

 

Step 2: The NMTC Application

Step 3: The Allocation Agreement

Step 4: The Annual Audit

Step 5: Structuring Around State and Local Tax Issues

Step 6: NMTC Program Compliance