MoFi Awarded $85 Million in New Markets Tax Credits
MoFi, a nonprofit community development financial institution serving Western states, has received an $85 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. The award comes as part of a record $10 billion allocation round that included 142 organizations nationwide. The New Markets Tax Read More…