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Nonprofit: We have $80M to subsidize Montana development projects

February 8, 2017 /

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Dave Glaser came to Billings Tuesday with a compelling offer: $80 million to help developers finance projects to improve blighted neighborhoods.

"We have free money for projects that are eligible in Montana. You should call me," Glaser, president of the Missoula-based Montana & Idaho Community Development Corporation https://mtcdc.org/ , told a group of about 30 lenders and business leaders.

Glaser was at the First Interstate Bank Operations Center to pitch his nonprofit’s newest round of funding through its New Markets Tax Credits program.

By ERIK OLSON [email protected]

Full Story: http://billingsgazette.com/business/nonprofit-we-have-m-to-subsidize-montana-development-projects/article_9b04bcf7-48b0-5813-97e2-fc94243c4f0b.html

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