written on October 21st, 2010 | by Jennifer Deuber
Ohio Department of Development Director Lisa Patt-McDaniel today announced that $10 million in Ohio New Markets Tax Credits are being made available to four Ohio entities, including Finance Fund, to spur economic investments of at least $25.6 million across Ohio. The program helps finance business investments by providing state tax credits to investors for below-market-rate [...]
Tags: Finance Fund, Jobs, LIC, Low Income Community, New Markets Tax Credit, NMTC, Ohio Department of Development, State of Ohio, stimulus, tax credits
Posted in Community Development, New Markets Tax Credit | No Comments »
written on February 12th, 2009 | by James R. Klein
New Markets Tax Credits (NMTC) was designed to stimulate investments in commercial real estate and business ventures located in low income urban and rural areas.
Tags: CDE, CDFI, Community Development Entities, Community Development Finance Institution, Community Renewal Tax Relief Act, Congress, Governor Strickland, LIC, Low Income Community, New Markets Tax Credit, Ohio General Assembly, US GAO, US Treasury Department
Posted in New Markets Tax Credit | No Comments »
