Joyce Announces $35 Million Allocation Of New Markets Tax Credits In Northeast Ohio
November 03, 2022
November 03, 2022
WASHINGTON, Nov. 3 -- Rep. Dave Joyce, R-Ohio, issued the following news release:
This week, Congressman Dave Joyce (OH-14) announced that the U.S. Department of Treasury has allocated the Cleveland New Markets Investment Fund II, an affiliate of the Greater Cleveland Partnership, a New Markets Tax Credit (NMTC) worth $35 million.
The NMTC is a nonrefundable tax credit intended to encourage private capital investment in eligible, impoverished, low-income communities, bo . . .
This week, Congressman Dave Joyce (OH-14) announced that the U.S. Department of Treasury has allocated the Cleveland New Markets Investment Fund II, an affiliate of the Greater Cleveland Partnership, a New Markets Tax Credit (NMTC) worth $35 million.
The NMTC is a nonrefundable tax credit intended to encourage private capital investment in eligible, impoverished, low-income communities, bo . . .