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      "text": "In 2022, the U.S. Department of the Treasury's Community Development Financial Institutions Fund awarded a total of $5 billion in New Markets Tax Credits to 107 organizations to create or retain jobs and spur economic growth...",
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      "text": "New York City and northern New Jersey are extremely competitive markets for community development financing due to a high concentration of banks subject to CRA obligations and eager to finance affordable housing developments...",
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      "text": "Though nominal wages increased meaningfully in 2022, particularly for job switchers, real wages declined. Industries that experienced upward wage pressures in 2022 such as leisure and hospitality are likely to see continued wage inflation in 2023...",
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      "text": "statewide 2023 forecasts project slowing job growth and a slight rise in unemployment rates to 2.6% or more.",
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