$85 million granted for urban developments in Chicago

Carolina Gonzalez | Crain's Chicago Business

McCaffery's Southside Community Optimal Redevelopment Enterprise Community Development Entity (SCORE-CDE) received $35 million in New Markets Tax Credits (NMTCs) in the most recent distribution. SCORE provides capital to qualifying businesses and projects in highly distressed low-income areas in Illinois and Indiana through the use of NMTCs.

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