Tag: US Treasury

Activity, Investment Banking

US Treasury grants Truist $65m NMTC allocation to spur investment in underserved communities

October 17, 2023

Via: FinTech Futures

NMTCs typically come with favourable interest rates and non-traditional financial terms and conditions, helping to attract investment from private entities, banks and corporations. Investors then leverage the NMTCs to finance development projects in underserved and low-income communities, often in the […]