CRF Provide access to flexible (gap) financing through the Federal New Markets Tax Credit (NMTC) Program.
Our strategy is to use NMTCs to support businesses that are committed to creating/retaining Quality Jobs and Accessible Jobs for residents of Low-Income Communities (LICs) and Low-Income Persons (LIPs) nationally.
We direct our federal NMTCs to manufacturing/industrial businesses – the “bedrock” of American Quality Jobs that produces a vibrant middle class in this country.
CRF has received $919.5 million from NMTC allocation authority. CRF finances industrial and manufacturing operating companies through facility expansion, construction and acquisition and installation of equipment. To date, CRF has funded 340 NMTC loans in 181 communities across 36 states.