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Evernorth Rural Ventures awarded $60 million in New Markets Tax Credits

Evernorth Rural Ventures awarded $60 million in New Markets Tax Credits
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United statesNew hampshireNew yorkNancy owensBeth boutinCommunity development entitiesBond guarantee programMassachusetts housing investment corporationTax credit programCommunity development entities cdesCommunity investmentsUs treasury department awardDepartment awardBusiness magazine on fridayCommunity development financial institutions fundEvernorth rural ventures

Fort Wayne gets $45 million in new markets tax credits

The Fort Wayne New Markets Revitalization Fund, LLC will receive $45 million in new markets tax credits, Mayor Tom Henry announced Monday.

United statesFort wayneTom henrySharon feaselPlassman athletic center at turnstoneCommunity development entitiesFort wayne new markets revitalization fundGirls clubByron health centerUs treasury departmentMayor tom henryFort wayne new marketsDevelopment entitiesFort wayne new markets revitalizationPlassman athletic centerElectric works

Southern Bancorp Gets $45M Federal Tax Credit Allocation

The New Markets Tax Credit program allows businesses to make equity investments in severely distressed rural and urban communities.

United statesBill wrightDarrin williamsCommunity development entitiesSouthern bancorpSouthern bancorp incUs treasury departmentNew markets tax creditDevelopment entities

City gets $45 million in new markets tax credits

The Fort Wayne New Markets Revitalization Fund, LLC will receive $45 million in new markets tax credits, Mayor Tom Henry announced today.

United statesFort wayneTom henrySharon feaselPlassman athletic center at turnstoneCommunity development entitiesFort wayne new markets revitalization fundGirls clubByron health centerUs treasury departmentMayor tom henryFort wayne new marketsDevelopment entitiesFort wayne new markets revitalizationPlassman athletic centerElectric works

Southern Bancorp Receives $45 Million New Markets Tax Credit Allocation

The U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund has revealed it awarded $5 billion in New Markets Tax Credit (NMTC) awards to 107 Community Development Entities or CDEs from across the nation.

United statesBill wrightCommunity development entitiesProgram directorTax credit programSouthern bancorp west regionSouthern bancorpCommunity development financial institutionNew markets tax creditDevelopment entitiesNew markets tax credit programWest region