Building & Construction
May 5, 2025
CDFI fund freezes new CDE applications: Why it could matter for aluminum and recycled metals
Written by Gabriella Vagnini
Starting June 2, the U.S. Treasury’s CDFI Fund is putting a pause on new applications for Community Development Entity (CDE) certification. They’re calling it a blackout period. It’s temporary, for now, but it’s something to watch, especially if you’re in construction or metals.
CDE certification is what organizations need to apply for New Markets Tax Credits (NMTCs). That program helps get real projects off the ground in underserved areas. We’re talking grocery stores, health clinics, light manufacturing, and mixed-use developments. These are real buildings that use real materials. Aluminum and recycled metals are a big part of them.
