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CDFI Tax Priorities Signed into Law with Landmark Reconciliation Bill

The GOP megabill enacts the New Markets Tax Credit, Low-Income Housing Tax Credit, and Opportunity Zones as a permanent part of the tax code, marking major wins for community development. Read time: 3 minutes After several all-nighters in both the Senate and House, Republicans passed the “One Big Beautiful Bill” by their self-imposed July 4 deadline. The bill included key community development tax incentives—permanently extending the New Markets…
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Opportunity Finance Network broke the news in on Wednesday, July 9, 2025.
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