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Congressman Fattah Announces $65 Million in New Markets Tax Credits to The Reinvestment Fund
Congressman Chaka Fattah (PA-02) announced that The Reinvestment Fund (TRF) in Philadelphia will receive $65,000,000 in New Markets Tax Credit (NMTC) awards to encourage investment in low-income neighborhoods throughout the community. The Reinvestment Fund was one of 76 organizations across the country selected to receive the tax credit allocation authority from the Department of the Treasury