Sens. Warner, Kaine Applaud $110 Million in Federal Funding to Support Economic Development in Distressed Communities in Va.
September 03, 2021
September 03, 2021
WASHINGTON, Sept. 3 -- Sen. Tim Kaine, D-Virginia, issued the following news release on Sept. 2, 2021:
U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) applauded $110,000,000 in New Markets Tax Credits to incentivize economic development in distressed communities in Virginia. Sens. Warner and Kaine have been strong supporters of the New Markets Tax Credit (NMTC) program, securing a five-year, $25 billion extension in December as part of the COVID-19 relief package.
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U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) applauded $110,000,000 in New Markets Tax Credits to incentivize economic development in distressed communities in Virginia. Sens. Warner and Kaine have been strong supporters of the New Markets Tax Credit (NMTC) program, securing a five-year, $25 billion extension in December as part of the COVID-19 relief package.
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