Sen. Tester Announces $65 Million in Community Development Tax Credits to Support Montana Small Businesses
July 17, 2020
July 17, 2020
WASHINGTON, July 17 -- Sen. Jon Tester, D-Montana, issued the following news release:
In a big win for the Treasure State's small businesses, U.S. Senator Jon Tester announced that MoFi--a Montana community development group--will receive a $65 million tax credit to help create jobs and foster economic growth across the state.
The tax credit comes as part of the New Market Tax Credit (NMTC) program, which benefits rural and low-income communities by providing financing . . .
In a big win for the Treasure State's small businesses, U.S. Senator Jon Tester announced that MoFi--a Montana community development group--will receive a $65 million tax credit to help create jobs and foster economic growth across the state.
The tax credit comes as part of the New Market Tax Credit (NMTC) program, which benefits rural and low-income communities by providing financing . . .