Under @POTUS’s leadership, the Working Families Tax Cuts permanently renewed and strengthened Opportunity Zones, giving investors, entrepreneurs, and local leaders the long-term certainty they need to commit capital to communities that have been overlooked for too long. Today’s announcement of the new designations will help direct private investment to these communities, expand economic opportunity, support job creation, and unlock long-term growth in these communities across the country.

home.treasury.gov/news/press-rel…

Thank you, @USTreasury @CDFIFund Director Chris Miller for your leadership on #NMTC and #CommunityDevelopment finance and keynoting #NovocoNMTC! @bradelphick @Novogradac @NovogradacNews

.@CDFIFund director Chris Miller outlines 4 initiatives:
1️⃣ Resolve certification/recertification and cut unnecessary burdens
2️⃣ Modernize AMIS and use AI to streamline process
3️⃣ Build a new strategic plan
4️⃣ Increase staff from 70 to 96

#NovocoNMTC

#NovocoNMTC chair Brad Elphick moderates a fireside chat with @CDFIFund director Chris Miller.

Poring through today’s comment requests from @CDFIFund, but wanted to mark an important milestone in the meantime: All funds that Congress appropriated for the fund that were set to expire today have now been obligated.

SRG enjoyed attending the 2026 Policy Summit hosted by our client, @AC_GrowthReady, this week in Washington, D.C. Special thanks to Sen. @MarshaBlackburn and Knoxville's Chris Miller, Director @CDFIFund and former CFO of @3rootscapital, for sharing their insights at the Summit.

Update on FY25 CDFI/NACA Program Awards: We are completing AMIS updates to notify awarded groups. Some information was inadvertently displayed in AMIS today due to a technical error (now fixed). Official notifications will be sent out as soon as our internal process is complete.

The #CDFIFund released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2026 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes $5 billion in tax credit allocation authority available for the CY 2026 round. cdfifund.gov/news/741

The @USTreasury’s @CDFIFund announced disbursement of awards for several FY2025 and FY 2026 programs. We continue to engage with Treasury, the Fund, and the administration to ensure full deployment of funds. Read more in today’s news: bit.ly/4j0Mnje

Important and welcome news: The @CDFIFund this morning made long-awaited program awards funded by FY 2025 appropriations set to expire Sept. 30. In a break with past practice, it did not release a list of awardees. Applicants should monitor AMIS. ow.ly/u26Y50ZO13a

Four programs. One goal: expanding economic opportunity.
The CDFI, NACA, BEA and Small Dollar Loan Program awards announced by @USTreasury will support financial services, small business and consumer lending, and community development.
Learn more: cdfifund.gov/news/740

Congratulations to Chris Miller (@rockytopmba) on his appointment as Director of the @CDFIFund. CDFIs earn bipartisan support by financing affordable housing, schools, health centers and clean energy projects nationwide. We look forward to working together. cdfifund.gov/news/739

We outlined several #CreditUnion priorities for Chris Miller, the newly appointed @CDFIFund Director, in a letter sent Wednesday. Read highlights from the letter in today’s news story: bit.ly/4hXXZTM

Humbled and excited about the opportunity!

On Tuesday, the @USTreasury announced Chris Miller as the Director of the @CDFIFund. Read Chief Advocacy Officer Kathleen Coulombe's statement in today's news story: bit.ly/4zLF1pV

Welcome to Chris Miller @rockytopmba, the CDFI Fund’s new Director! Chris brings 20 years of experience in and enthusiasm for community and economic development to the role. Read more here: cdfifund.gov/news/739

CDFI Fund Update: Get Ready to Apply to the Upcoming CY 2026 New Markets Tax Credit Program Allocation Application Round - $5 Billion in Allocation Authority will be Available!
Read more here: cdfifund.gov/news/738

⏰ Happening Tomorrow
Join us tomorrow, June 10 at 2 PM ET, for the monthly TLR webinar. This series will cover the Full-Length TLR, Abbreviated TLR, Consumer Loan Report, Loan Purchase Report, Financial Services Report, and more. cdfifund.gov/news/719

📅 Reminder: CDFI Certification Webinar
Join us May 21 from 3–4 PM ET for our monthly session. Learn about certification and connect with the CDFI Fund. cdfifund.gov/news/716

📊 TLR Webinar Reminder
Join us on April 29 (2:00–3:30 PM ET) for a deep dive into Transaction Level Report data and reporting tools. Designed to help organizations improve reporting quality and consistency. cdfifund.gov/news/714