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MMCDC President Kevin Shipley says the company’s $60 million NMTC allocation will help bring even more jobs and new businesses to the lakes area. The money will become available in August.

MMCDC gets $60 million for NMTC financing

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When the Detroit Lakes Community & Cultural Center was looking for a little help in financing its Backyard expansion three years ago, project organizers looked to the Midwest Minnesota Community Development Corporation’s New Markets Tax Credit program — as did the Detroit Mountain Recreation Area, which is set to open its doors to the public just in time for the 2014-15 ski season.

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Vicki Gerdes
Staff writer at Detroit Lakes Newspapers for the past 14 years, currently editor of the entertainment and community pages as well as obituaries. Living in DL with my cat, Smokey.
(218) 844-1454
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