NMTC

NeuroOne® to Present at the ThinkEquity Conference on October 19, 2023

Retrieved on: 
Friday, October 13, 2023
NMTC, Patient, EDEN, Conference, DSM-IV codes, Pharmaceutical industry

EDEN PRAIRIE, Minn., Oct. 13, 2023 (GLOBE NEWSWIRE) -- NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) ("NeuroOne" or the "Company"), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced that CFO Ron McClurg will present at the ThinkEquity Conference in New York on Thursday, October 19, 2023.

Key Points: 
  • EDEN PRAIRIE, Minn., Oct. 13, 2023 (GLOBE NEWSWIRE) -- NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) ("NeuroOne" or the "Company"), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced that CFO Ron McClurg will present at the ThinkEquity Conference in New York on Thursday, October 19, 2023.

Truist receives $65 million New Markets Tax Credit allocation to support communities across the U.S.

Retrieved on: 
Friday, October 13, 2023
NMTC, Investment, NYSE, TFC, Community development, Real estate, CDFI, CDE, Economic development, Truist Financial, Department of the Treasury, Community development financial institution, Truist, Commercial, Management

As part of the program, Truist provides loans and investments with reduced interest rates and/or non-traditional terms and conditions to support community development projects.

Key Points: 
  • As part of the program, Truist provides loans and investments with reduced interest rates and/or non-traditional terms and conditions to support community development projects.
  • "Truist has been active in the NMTC Program for many years and we're proud to have been trusted with more than $750 million in allocation authority, to date," said Jamise Goodman, NMTC program director for Truist Community Development Enterprises.
  • Through its investments in community development projects, Truist Community Capital works to ensure access to services and amenities that directly benefit neighborhoods and residents.
  • "This new round of allocation will build on the impactful investments Truist is making to enhance neighborhoods, support residents and improve access to vital services."

U.S. Bank Receives $55 Million in New Markets Tax Credit Allocation

Retrieved on: 
Friday, September 29, 2023
Other Philanthropy, Other Retail, DEI (Diversity, Equity and Inclusion), Family, Supermarket, Socially Responsible Investing, Consumer, Personal Finance, Environmental, Social and Governance (ESG), Retail, Children, Finance, Banking, Asset Management, Professional Services, Philanthropy, Primary, Secondary, Fund Raising, Education, Foundation, Other Consumer, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, Homelessness, CDE, Lakota Tech High School, European Communities (Finance) Act 2008, Community Development Financial Institutions Fund, Woman, NMTC, Person, Organization, Treasury, School, Tech High School, Pine Ridge, New Markets Tax Credit Program, Empowerment, Welding, Renewable energy, U.S. Bancorp

U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, and its community development entity (CDE) – USBCDE, LLC – received $55 million of New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury.

Key Points: 
  • U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, and its community development entity (CDE) – USBCDE, LLC – received $55 million of New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury.
  • The allocation is part of the federal government’s $5 billion NMTC program, which helps economically distressed communities attract private investment capital.
  • USBCDE, LLC has now been awarded more than $1 billion in total allocations, one of only three CDEs to do so.
  • It is one of 102 CDEs to receive a share of the NMTC allocation authority package announced by the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).

Clearinghouse CDFI Secures $60 Million in New Market Tax Credits from the United States Department of Treasury--Will Create Jobs and Services in Distressed Communities

Retrieved on: 
Friday, September 29, 2023
Clearing house, State, Food, Housing, U.S. Department of Defense Strategy for Operating in Cyberspace, Education, CDE, Community Development Financial Institutions Fund, Calendar, New Markets Tax Credit Program, Federal, Assistant, Community development financial institution, Organization, Financial institution, Treasury, Congress, Spokane Public Facilities District, Investment, CDFI, Economic development, Health, Renewable energy, NMTC

LAKE FOREST, Calif., Sept. 29, 2023 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today that it has been awarded a $60 million New Markets Tax Credit (NMTC) allocation from the United States Department of Treasury, CDFI Fund. Clearinghouse CDFI will use the tax credits to finance community investments in low-income and urban areas in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Minnesota, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin, and Wyoming.

Key Points: 
  • LAKE FOREST, Calif., Sept. 29, 2023 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today that it has been awarded a $60 million New Markets Tax Credit (NMTC) allocation from the United States Department of Treasury, CDFI Fund.
  • "We are grateful to the CDFI Fund and Department of Treasury for this meaningful allocation which will create jobs and drive resources to many distressed communities," said Douglas J. Bystry, President and CEO of Clearinghouse CDFI.
  • "Tax credits are an important tool in community and economic development, making large projects with grand impact possible."
  • Since inception, Clearinghouse CDFI has deployed over $629 million of Federal and State NMTC allocation to 89 unique projects nationwide.

NMSC Announces New Name: Broadstreet

Retrieved on: 
Thursday, September 28, 2023
Socially Responsible Investing, Asset Management, Professional Services, Finance, Housing, Local Initiatives Support Corporation, AUA, LISC, NMTC, AUM, Investment, New Markets Tax Credit Program, NMSC, Health, Geography, Bank, Cryptocurrency, Frank Broadstreet Carvell

New Markets Support Company (NMSC) is now Broadstreet Impact Services.

Key Points: 
  • New Markets Support Company (NMSC) is now Broadstreet Impact Services.
  • The national financial services company has changed its name to better illustrate the breadth of its work to facilitate community impact investing.
  • Broadstreet was founded as NMSC in 2004 by the nonprofit Local Initiatives Support Corporation (LISC), which created the firm to manage its federal New Markets Tax Credit (NMTC) allocation—now the largest in the country at $1.2 billion.
  • For more information on the new Broadstreet brand, please visit: https://broadstreetimpact.com/about/news/a-letter-from-our-ceo

Leading Impact Investor Advantage Capital Selected by the US Department of the Treasury to Participate in Federal New Markets Tax Credit Program

Retrieved on: 
Thursday, September 28, 2023
Professional Services, White House, Federal Government, Public Policy, Government, State, Local, Small Business, Socially Responsible Investing, Finance, Community Development Financial Institutions Fund, Organization, Financial institution, NMTC, Congress, Administered prices, New Markets Tax Credit Program, Capital, U.S. Department of Defense Strategy for Operating in Cyberspace, Investment, CDFI, Renewable energy

Advantage Capital, a leading impact investor, today announced a $40 million allocation award in the highly competitive federal New Markets Tax Credit (NMTC) program.

Key Points: 
  • Advantage Capital, a leading impact investor, today announced a $40 million allocation award in the highly competitive federal New Markets Tax Credit (NMTC) program.
  • Administered by the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund, the program seeks to attract private investment to bring development and economic growth to distressed communities.
  • Advantage Capital is one of 102 organizations, selected from a pool of 197 nationwide applicants, to receive an allocation.
  • “The New Markets Tax Credit Program supports Louisiana entrepreneurs and small businesses revitalizing communities throughout our state,” U.S.

FirstPathway Community Development Awarded $50 million in New Markets Tax Credits

Retrieved on: 
Wednesday, September 27, 2023
Employment, U.S. Department of Defense Strategy for Operating in Cyberspace, Community Development Financial Institutions Fund, New Markets Tax Credit Program, FPCD, NMTC, EB-5, Organization, Treasury, U.S. Department of the Treasury, Office of Inspector General, Investment, CDFI, Economic development, Community development financial institution, Community development, Federation, Renewable energy

MILWAUKEE, Sept. 27, 2023 /PRNewswire/ -- The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced today that it awarded FirstPathway Community Development (FPCD) $50 million in New Markets Tax Credits (NMTCs).

Key Points: 
  • MILWAUKEE, Sept. 27, 2023 /PRNewswire/ -- The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced today that it awarded FirstPathway Community Development (FPCD) $50 million in New Markets Tax Credits (NMTCs).
  • New Markets Tax Credits permit taxpayers to receive a credit against federal income taxes for making equity investments on qualified low-income community investments.
  • The funding also helps preserve and create jobs while bringing community facilities and new businesses into neighborhoods that desperately need them.
  • FirstPathway Community Development is an equal opportunity provider.

Florida Community Loan Fund is awarded $60 million in New Markets Tax Credits

Retrieved on: 
Monday, September 25, 2023
Community development financial institution, NMTC, Growth, Treasury, Community development, U.S. Department of Defense Strategy for Operating in Cyberspace, CDFI, History

ORLANDO, Fla., Sept. 25, 2023 /PRNewswire/ -- Florida Community Loan Fund is pleased to announce it has been awarded $60 million New Markets Tax Credit Allocation award from the U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Fund.

Key Points: 
  • ORLANDO, Fla., Sept. 25, 2023 /PRNewswire/ -- Florida Community Loan Fund is pleased to announce it has been awarded $60 million New Markets Tax Credit Allocation award from the U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Fund.
  • FCLF has received a total of 11 awards aggregating to $451 million.
  • Florida has the 5th highest number of low-wage jobs in the U.S., with wages 12% lower than the average.
  • This NMTC award will continue to focus on high-impact community facility projects providing jobs and support services in highly distressed census tracts.

CDFI Awards Rural Development Partners $50 Million in NMTC Authority

Retrieved on: 
Friday, September 22, 2023
New Markets Tax Credit Program, Community Development Financial Institutions Fund, Office of the Supervising Architect for the U.S. Treasury, Quality of life, NMTC, Multimedia, Federal, Congress, FOREST, Treasury, RDP, Investment, CDFI, CDE, Renewable energy, Bank

FOREST CITY, Iowa, Sept. 22, 2023 /PRNewswire/ -- Rural Development Partners (RDP) was awarded $50 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury's CDFI Fund .

Key Points: 
  • FOREST CITY, Iowa, Sept. 22, 2023 /PRNewswire/ -- Rural Development Partners (RDP) was awarded $50 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury's CDFI Fund .
  • This is RDP's twelfth NMTC award since the company's inception in 2004, totaling $751.7 million.
  • The New Markets Tax Credit program incentivizes community development and economic growth by attracting private capital to low-income, underserved communities.
  • Rural Development Partners is a Community Development Entity (CDE) with a national service area, eligible to apply for an annual allocation of Federal NMTCs.

Flow Science Receives the 2023 Flying 40 Award for the Eighth Year Running

Retrieved on: 
Wednesday, September 13, 2023
Science, EV, Flow Science, Inc., Burn, NMTC, Falcon, Climate change, Albuquerque Convention Center, Growth, Renewable energy

SANTA FE, N.M., Sept. 13, 2023 /PRNewswire-PRWeb/ -- Flow Science has been named one of New Mexico Technology's Flying 40 recipients for the last eight consecutive years. The Flying 40 awards recognize the forty fastest growing, locally-owned technology companies in New Mexico each year, highlighting the positive impact the tech sector has on growing and diversifying New Mexico's economy.

Key Points: 
  • Flow Science is named one of the fastest growing technology companies in New Mexico for the eighth year running.
  • SANTA FE, N.M., Sept. 13, 2023 /PRNewswire-PRWeb/ -- Flow Science has been named one of New Mexico Technology's Flying 40 recipients for the last eight consecutive years.
  • The New Mexico Tech Council (NMTC) announced that Flow Science, Inc. has been selected as a recipient of the prestigious 2023 Flying 40 Award in the "Top 10 Firms with $7.5 to $23 Million/Year in Revenue in 2022" category.
  • "I would like to congratulate Flow Science for their accomplishments and impact on the local tech industry.