New Markets Tax Credits News Briefs – March 2014

Journal of Tax Credits Volume 5 Issue 3 Saturday, March 1, 2014   Legislation to create a state new markets tax credit (NMTC) in Indiana was introduced in early January. Senate Bill (S.B.) 165 is the Indiana New Markets Job Act. S.B. 165 provides $10 million in NMTCs annually through the Indiana Economic Development Corporation (IEDC). The bill, introduced on Jan. 8, also requires a qualified community development entity to pay the state a conditionally refundable performance fee of $500,...

Driving Economic Progress in Michigan

Strategic Development Solutions is part of the management team for the Develop Michigan Real Estate Fund. Watch the video below to see how Develop Michigan is driving economic progress¬†throughout the state.   montenegro ....

After Goodyear, manufacturing returning to Union City

Dec 24, 2014, 8:59am CST       Three years after Goodyear Tire and Rubber Co. shut down its manufacturing facility in Union City, manufacturing jobs are slowly returning to the area.   Goodyear eliminated more than 1,900 jobs when it shut down the facility in 2011. It had been in Obion County since 1968.   Those efforts are being led by California-based MIA Seating, which is opening a new manufacturing facility in Union City in early 2015 and committing around $39.5 mill...