Summary
Tax credits awarded
The U.S. Department of the Treasury announced that three Maryland- based entities have been awarded $165 million in New Markets Tax Credits, as part of the economic stimulus funds initiated by the Obama administration. They are among 32 institutions around the country to receive awards totaling $1.5 billion. Maryland organizations receiving the tax credits are Community Development Funding LLC, of Columbia, $20 million; ESIC New Markets Partners LP, of Columbia, $95 million; and Harbor Bankshares Corp., of Baltimore, $50 million. The tax credit program dates to 2000, and funds real estate development projects and businesses in economically stressed rural and urban communities.See the full content of this document
Extract
The Daily Record News Briefs: May 28, 2009
Unique engineering program
The Maryland Higher Education Commission announced its approval of a unique engineering transfer program, the Associate of Science in Engineering degree. Students who earn the degree in a two...See the full content of this document
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