Notice2021-27039

Funding Opportunities: New Markets Tax Credit (NMTC) Program; CY 2021 Allocation Round; Correction

Primary source

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Published
December 13, 2021

Issuing agencies

Treasury DepartmentCommunity Development Financial Institutions Fund

Abstract

The Community Development Financial Institutions Fund (CDFI Fund) published a document in the Federal Register of November 8, 2021, concerning the Notice of Allocation Availability (NOAA) inviting Applications for the Calendar Year (CY) 2021 Allocation Round of the New Markets Tax Credit (NMTC) Program. On page 61839, in Table 1--CY 2021 Allocation Round NMTC Program Critical Deadlines for Applicants, under the Deadline/date header, it incorrectly states that the deadline to submit an amendment request to remove a Controlling Entity from Allocation Agreement(s) is March 21, 2021 when in fact the deadline to submit such an amendment is March 21, 2022. Processing this Action will correct the misinformation that was published.

Full Text

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[Federal Register Volume 86, Number 236 (Monday, December 13, 2021)]
[Notices]
[Page 70888]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-27039]



[[Page 70888]]

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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Funding Opportunities: New Markets Tax Credit (NMTC) Program; CY 
2021 Allocation Round; Correction

AGENCY: Community Development Financial Institutions Fund, Department 
of the Treasury.

ACTION: Notice; correction.

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SUMMARY: The Community Development Financial Institutions Fund (CDFI 
Fund) published a document in the Federal Register of November 8, 2021, 
concerning the Notice of Allocation Availability (NOAA) inviting 
Applications for the Calendar Year (CY) 2021 Allocation Round of the 
New Markets Tax Credit (NMTC) Program. On page 61839, in Table 1--CY 
2021 Allocation Round NMTC Program Critical Deadlines for Applicants, 
under the Deadline/date header, it incorrectly states that the deadline 
to submit an amendment request to remove a Controlling Entity from 
Allocation Agreement(s) is March 21, 2021 when in fact the deadline to 
submit such an amendment is March 21, 2022. Processing this Action will 
correct the misinformation that was published.

FOR FURTHER INFORMATION CONTACT: Christopher Allison, Program Manager, 
NMTC Program, CDFI Fund; (202) 653-0300 (this is not a toll free 
number).

SUPPLEMENTARY INFORMATION:

Correction

    In the Federal Register of November 8, 2021, in FR Doc 2021-24310, 
on page 61839, in Table 1--CY 2021 Allocation Round NMTC Program 
Critical Deadlines for Applicants, under the Deadline/date header, 
correct the ninth entry to read: March 21, 2022.
    Executive Summary: This notice announces the correction that the 
deadline to submit an amendment request to remove a Controlling Entity 
from Allocation Agreement(s) is March 21, 2022.
    Capitalized terms in this correction to the NOAA have the 
respective meanings assigned to them in the NOAA, NMTC Program 
Allocation Application, Internal Revenue Code (IRC) Sec.  45D or the 
IRS NMTC regulations. Application materials may be found on the CDFI 
Fund's website at <a href="http://www.cdfifund.gov/nmtc">www.cdfifund.gov/nmtc</a>.
    All other information and requirements set forth in the NOAA 
published on November 8, 2021, shall remain effective, as published.

Jodie L. Harris,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2021-27039 Filed 12-10-21; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on December 13, 2021.

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