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Deputy Secretary Kimmitt to Announce $3.5 Billion in Tax Credits
for Low-Income Community Investment
U.S. Treasury Deputy Secretary Robert M. Kimmitt and Treasury's Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell will award on Monday $3.5 billion in tax credits to organizations investing in rural and urban low-income communities across the United States. The awards are being made under the 2008 round of the New Markets Tax Credit Program.