$65 Million to Stimulate Growth and Job Creation
Highly Successful Federal Program Ready to Help Montana with Economic Recovery
July 22, 2020
MISSOULA, Mont. – As Montanans look ahead to the state’s economic recovery from the COVID-19 pandemic, a federal program stands ready to help with development and job creation in cities and towns across the state. The New Markets Tax Credits (NMTC) Program has already demonstrated a high level of success aiding in economic recovery in underserved areas across the Northern Rockies. The nonprofit community lender MoFi first used the NMTC Program in Montana just over a decade ago, and in that time it has helped dozens of projects worth hundreds of millions of dollars, creating or retaining...
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