Nonprofit Finance Fund Awarded Tax Credit Allocation - TheNonProfitTimes: The Nonprofit Finance Fund (NFF) announced today that it was awarded a $40 million New Markets Tax Credit allocation (NMTC) to support community development projects in low-income areas across the country.

NMTC programs, established by Congress in 2000, provide incentives for investments in traditionally hard-to-finance projects, mostly in low-income areas.