February 1, 2026
Enhanced Capital was recently featured in a Novogradac article titled “CDEs Prepare to Deploy Recently Awarded $10 Billion in New Markets Tax Credit Allocation,” which examines the impact of the combined 2024–2025 New Markets Tax Credit (NMTC) round.
The article explores how Community Development Entities (CDEs) are preparing to deploy the historic $10 billion allocation awarded by the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund. Enhanced Community Development, a subsidiary of Enhanced Capital, received a $65 million allocation as part of the combined round.
In the article, Richard Montgomery, Managing Partner at Enhanced Capital, discussed the continued importance of the NMTC Program in directing private capital to economically distressed communities. “The NMTC Program remains a practical way to bring private capital to projects that expand essential services, create and retain jobs, and revitalize local economies,” said Montgomery.
The piece also explores how the record allocation and the program’s permanency provide greater stability and long-term planning visibility for allocatees and investors alike.
Enhanced Capital is proud to participate in the ongoing evolution of the NMTC Program and its role in directing private capital to economically distressed communities nationwide.