Federal Reserve Bank of Richmond: From Incentive to Impact - What Extended Tax Credits Mean for Community Development Finance
February 20, 2026
February 20, 2026
RICHMOND, Virginia, Feb. 20 -- The Federal Reserve Bank of Richmond issued the following Regional Matters analysis by Surekha Carpenter and James Melton:
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From Incentive to Impact: What Extended Tax Credits Mean for Community Development Finance
Introduction
In July 2025, H.R.1 (otherwise known as the One Big Beautiful Bill Act) was passed in the United States. Among other things, this legislation expanded three tax credit programs that ar . . .
* * *
From Incentive to Impact: What Extended Tax Credits Mean for Community Development Finance
Introduction
In July 2025, H.R.1 (otherwise known as the One Big Beautiful Bill Act) was passed in the United States. Among other things, this legislation expanded three tax credit programs that ar . . .