Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

The LIHTC is a credit against regular tax liability for investments in affordable housing projects acquired and rehabilitated after 1986. Generally speaking, the credit is available annually over a ...

Linda True covers digital banking and lending on the Fintech team at the Federal Reserve Bank of San Francisco. In addition, she is the Asia Program coordinator. She previously covered Asian economies ...

Cindy Li covers digital banking and lending on the fintech team. In addition, she manages the Supervision + Credit Group’s country analysis function and Asia Program. Prior to joining the Fed, Cindy ...

Municipal bond is a general term referring to securities issued by states, cities, towns, counties and special districts. A primary feature of these securities is that interest on them is generally ...

SBICs are privately-owned venture capital funds licensed by the Small Business Administration (SBA) to invest in the long-term debt and equity securities of small businesses. These businesses possess ...

On December 21, 2000, the Community Renewal Tax Relief Act of 2000 was signed into law. The legislation includes the NMTC, which is intended to spur the investment of $15 billion in new private ...

A real estate investment trust (REIT) combines the capital of many investors to acquire or provide financing for real estate. A REIT also permits real estate investors to obtain the benefits of a ...

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