WBRZ News

Millions of dollars in tax credits for EBR

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Posted: Nov 9, 2009 10:20 AM by Luke Margolis
Updated: Nov 9, 2009 10:40 AM
Source: WBRZ

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Topics: Kip Holden, Walter Monsour, East Baton Rouge Community Development Entity, East Baton Rouge Redevelopment Authority, New Markets Tax Credit

A Baton Rouge agency will get $60 million worth of tax credits.

The East Baton Rouge Community Development Entity, part of the East Baton Rouge Redevelopment Authority, got the credits through the New Markets Tax Credit Program administered by the U.S. Treasury Department.

Mayor-President Kip Holden and Walter Monsour, President and CEO of the East Baton Rouge Redevelopment Authority, will meet at 11 a.m. to announce how the money will be spent.

News 2's Luke Margolis will be at the meeting and will have details on News 2 at 5 and 6.

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