Enhanced Community Development, a subsidiary of Enhanced Capital Group, LLC, announced that it has been awarded $65 million in New Markets Tax Credits (NMTC) allocation by the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund. This award, part of the Treasury’s $5 billion allocation to 104 Community Development Entities (CDEs) for the 2023 NMTC round, brings Enhanced Community Development’s cumulative federal NMTC allocation to $495 million since 2006.

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