Community Renewal Tax Relief Act of 2000

Target entity: Community Renewal Tax Relief Act of 2000
Context triple: [NMTC Program, legalAuthority, Community Renewal Tax Relief Act of 2000]

• A. Riegle Community Development and Regulatory Improvement Act of 1994
  The Riegle Community Development and Regulatory Improvement Act of 1994 is a U.S. federal law aimed at promoting community development and financial services in underserved areas, notably by establishing the Community Development Financial Institutions (CDFI) Fund.
• B. Cranston-Gonzalez National Affordable Housing Act
  The Cranston-Gonzalez National Affordable Housing Act is a landmark 1990 U.S. federal law that expanded and restructured housing assistance programs to increase the supply of affordable housing for low- and moderate-income households.
• C. Internal Revenue Service Restructuring and Reform Act of 1998
  The Internal Revenue Service Restructuring and Reform Act of 1998 is a major U.S. federal law that overhauled the IRS’s organization, strengthened taxpayer rights, and increased oversight and accountability of tax administration.
• D. Housing and Economic Recovery Act of 2008
  The Housing and Economic Recovery Act of 2008 is a major U.S. federal law enacted in response to the subprime mortgage crisis to stabilize the housing market, reform mortgage finance regulation, and support distressed homeowners and communities.
• E. Personal Responsibility and Work Opportunity Reconciliation Act of 1996
  The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a landmark U.S. welfare reform law that overhauled federal assistance programs by imposing work requirements, time limits on benefits, and greater state control over welfare policy.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Community Renewal Tax Relief Act of 2000
Target entity description: The Community Renewal Tax Relief Act of 2000 is a U.S. federal law that created a range of tax incentives and community development tools, including the New Markets Tax Credit, to spur investment and economic revitalization in low-income and distressed areas.

• A. Riegle Community Development and Regulatory Improvement Act of 1994
  The Riegle Community Development and Regulatory Improvement Act of 1994 is a U.S. federal law aimed at promoting community development and financial services in underserved areas, notably by establishing the Community Development Financial Institutions (CDFI) Fund.
• B. Cranston-Gonzalez National Affordable Housing Act
  The Cranston-Gonzalez National Affordable Housing Act is a landmark 1990 U.S. federal law that expanded and restructured housing assistance programs to increase the supply of affordable housing for low- and moderate-income households.
• C. Internal Revenue Service Restructuring and Reform Act of 1998
  The Internal Revenue Service Restructuring and Reform Act of 1998 is a major U.S. federal law that overhauled the IRS’s organization, strengthened taxpayer rights, and increased oversight and accountability of tax administration.
• D. Housing and Economic Recovery Act of 2008
  The Housing and Economic Recovery Act of 2008 is a major U.S. federal law enacted in response to the subprime mortgage crisis to stabilize the housing market, reform mortgage finance regulation, and support distressed homeowners and communities.
• E. Personal Responsibility and Work Opportunity Reconciliation Act of 1996
  The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a landmark U.S. welfare reform law that overhauled federal assistance programs by imposing work requirements, time limits on benefits, and greater state control over welfare policy.
• F. None of above. chosen