10:08 AM
Julio Barreto
The U.S. Department of the Treasury’s New Markets Tax Credit (NMTC) Program was recently named one of the Top 50 Government Innovations that will advance to the final stages of competition for the prestigious 2009 Innovations in American Government Award. The NMTC Program, which is administered by Treasury’s Community Development Financial Institutions (CDFI) Fund, was chosen from more than 600 applicant programs representing all levels of government across the nation.The award is endowed by the Ford Foundation and administered by the Ash Institute for Democratic Governance and Innovation at Harvard’s Kennedy School. The Innovations in American Government Program is a significant force in recognizing and promoting excellence and creativity in the public sector. Through its annual awards...
