News
More Jobs for Montanans as Montana CDC Receives $60 Million to Fund Business Start Ups and Expansions
February 27, 2012 /
The U.S. Treasury Department announced today an award of $60 million in New Markets Tax Credits to Montana CDC (www.mtcdc.org). This is the third award received by Montana CDC which now has received $156 million cumulatively. These tax credits are powerful in creating jobs. Montana CDC works with investors to turn the credits into cash and then uses that cash to fund business start ups and expansions in Montana. Three years ago Town and Country Foods in Bozeman received NMTC financing that allowed them to hire 75 new employees.
http://mtcdc.org/images/stories/documents/montana%20cdc%20press%20release.pdf
MATR Supporters (view all)
Posted in: Montana Business
Sorry, we couldn't find any posts. Please try a different search.