CityWide Development Corp. said its Dayton Region New Market Fund has received an allocation of $35 million in New Markets Tax Credits from the U.S. Treasury. These credits leverage private investment to complete real estate, local business, and community and economic development projects in communities with high rates of poverty and unemployment. Founded in 1972, CityWide is the second-largest economic development group in the Dayton region. The non-profit organization’s services include economic development lending, comprehensive community development programs, and real estate development.
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