SCORE Receives $50 Million New Markets Tax Credit Award for 6th Award
July 21, 2020
McCaffery, the controlling entity of SCORE-CDE, is pleased to announce it has been awarded $50 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. SCORE is a Community Development Entity that provides capital to qualifying businesses and projects in highly distressed low-income areas marked by industrial flight in Illinois and Indiana. First funded in 2012, SCORE has received $235 million in awards to date.
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