Business Wire

Fifth Third Receives $85M New Markets Tax Credits Award from U.S. Treasury

Award will help Fifth Third accelerate revitalization in communities across the U.S. CINCINNATI--(BUSINESS WIRE)--The Fifth Third New Markets Development Company II has received an $85 million New ...
Morningstar

Historic Parkside District Commercial Space in Birmingham, Ala, to be Redeveloped Through New Markets Tax Credit Funding

BIRMINGHAM, Ala., Jan. 12, 2026 /PRNewswire/ -- UB Community Development (UBCD), a community development partner of United Bank, is proud to announce its role in financing an $11 million New Markets ...
Wane

‘Huge win for Fort Wayne’: City entity awarded $50 million in tax credits for future projects

FORT WAYNE, Ind. (WANE)— Fort Wayne will receive $50 million in New Markets Tax Credits from the U.S. Treasury Department to promote economic growth through a city-sponsored community development ...
journalgazette

Fort Wayne draws $50 million in New Markets Tax Credits allocation authority

Fort Wayne will receive $50 million in New Markets Tax Credits allocation authority from the federal government, city officials announced today. The city will sell the tax credits to investors, which ...