Montana & Idaho Community Development Corporation lands $65M in tax credits; project announcements expected

A financing group spread across Montana and Idaho secured $65 million in new market tax credits this week, bringing its running total in the competitive federal program to more $496 million over the past decade.

With the financing secured, the Montana & Idaho Community Development Corporation https://mtcdc.org/ is gearing up to announce newly qualified construction and revitalization projects across the region.

Dave Glaser, president of the Missoula-based organization, said funding applications are stacked deep. Several of those potential new projects are located in western Montana.

By Martin Kidston

https://www.missoulacurrent.com/business/2018/02/new-market-tax-credits/