Commonwealth Cornerstone Group Receives $28 Million of New Markets Tax Credits

U.S. Newswire › March 10, 2011

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Summary

Low-income communities statewide to benefit from program investments

HARRISBURG, Pa., March 10, 2011 /PRNewswire-USNewswire/ -- Commonwealth Cornerstone Group, a nonprofit corporation created by the Pennsylvania Housing Finance Agency, has secured $28 million in new markets tax credit (NMTC) allocations from the U.S. Treasury Department's Community Development Financial Institutions Fund.

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Commonwealth Cornerstone Group Receives $28 Million of New Markets Tax Credits

CCG is one of 99 community development entities receiving an allocation of the $3.5 billion in new markets tax credits awarded as part of the Tax Re...

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