Sen. Landrieu announces $295M in tax credit awards for community development in La.

submitted by New Markets Tax Credit Coalition on 12/04/13 1

Sen. Landrieu announces $295 million in New Market Tax Credit (NMTC) awards for five Louisiana community development entities (CDEs) that are committed to financing businesses and economic development in the state. The NMTCs will be marketed to investors to encourage private sector investment in communities facing economic difficulties.

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