Illinois New Markets Development Program

Program Documents and Additional Information 

• Allocation Structure
• Illinois New Markets Development Program Statute
• Final Certifications March 29 2019
• CDE Certification
• NMDP Guidelines 2019
• Federal New Markets Tax Credit Program (NMTC)
• NMDP Allocations 2009 thru 2015
• Illinois E-Pay system
  
• NMTC 2020 Pre-Cert CDEs.pdf

Current Program Participants

Each qualified community development entity shall submit an annual report to the Department within 45 days after the beginning of each calendar year during the compliance period. Reports for the 2022 calendar year are due between January 1, 2023 and February 14, 2023.  The annual report will be reviewed to verify compliance prior to issuing tax credit certificates. The Department will post a revised reporting form for 2022 in the coming weeks. Please do not submit a report using last year’s reporting form. The content will be similar, but we are revising it to collect more detailed information about the investment and eligible claimants. If you have any questions, please reach out to ceo.newmarkets@illinois.gov.