9.

Which of the following is not true about the New Market Tax Credit Program?

a		CDFI administers the allocation of $15 billion in it, authorised by Congress in 2000
b		Private investors receive tax credits in return for making investments in CDEs
c		Investors receive their tax credits over 20 years, 5% in each of the first 10 years followed by 10% for the next 10 years
d		All the above are true