Roeder & Company, LLC Certified as Community Development Entity

Roeder & Company, LLC was advised today by the U.S. Treasury that it has been certified as a Community Development Entity ("CDE") with a National service area.  CDEs are eligible to apply for allocations of New Markets Tax Credits under the program administered by the Community Development Financial Institutions Fund, a division of the U.S. Treasury.  The next round of awards is expected to be announced in October.  Allocation awards aggregating $5 billion will be made.  "The certification of Roeder & Company represents the successful completion of the first step in a two-step process of obtaining an award of New Markets Tax Credits," stated Reynold Roeder, CEO.  "The second step is the competitive assessment of the application submitted in early April of this year against 249 other applicants.  We are continuing to evaluate rural renewable energy projects for NMTC financing up to the October announcement."

For further information call 503-278-8019.