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The $90 million in tax credits received by the Midwest Minnesota Community Development Corportion could help projects similar to the Mahnomen Baked Chips plant, which the MMCDC?helped fund through an $8.1 million investment.

$90 million in tax credits landed by MMCDC in DL

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The U.S. Treasury announced $3.5 billion in tax credits to help stimulate economic growth and create jobs. Midwest Minnesota Community Development Corporation will direct $90 million of these credits toward business development in Minnesota, North Dakota, South Dakota and Wyoming.

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