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MMCDC lands $80 million in fed tax credits

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In something of a coup for the Midwest Minnesota Community Development Corp. in Detroit Lakes, the agency has been awarded $80 million in federal tax credits.

It was the only entity in Minnesota to receive an allotment of tax credits this year, and the MMCDC will focus on projects that involve sustainable energy and value-added agriculture -- such as ethanol plants, wind energy and biodiesel, according to MMCDC President Arlen Kangas.

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