Toledo-Lucas County Port Authority applies for $60 million in federal New Market Tax Credits
The Toledo-Lucas County Port Authority is applying for $60 million in New Market Tax Credits through the U.S. Department of Treasury's Community Development Financial Institution fund, Toledo News Now reports. The port authority has used $15 million in previously awarded tax credits to redevelop the former Chevron site. It hopes to use additional funding to redevelop the Overland Industrial Park and boost community service programs. For more, read the full story.
