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New Federal Money Coming For Fort Wayne Development

By Ian Hoover- NBC33

New Federal Money Coming For Fort Wayne Development

June 11, 2014 Updated Jun 11, 2014 at 10:37 AM EDT

FORT WAYNE, Ind. (NBC33) -- $33 Million from the Federal New Markets Tax Credit Program is set to come to Fort Wayne, according to a release from the Mayor's Office.

Fort Wayne Mayor Tom Henry is scheduled to announce the new funding today at a 1:30 p.m. news conference in front of the Harrison, in downtown Fort Wayne.

The New Markets Tax Credit Program is a program established to create new investments for development projects in low-income areas.

For more information on the NMTC Program click here




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