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Millions of dollars in tax credits for EBR

5 years ago November 09, 2009 Nov 9, 2009 Monday, November 09 2009 Monday, November 09, 2009 9:20:33 AM CST in News
Source: WBRZ
By: Luke Margolis

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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