Nebraska Department of Economic Development Awards $10,000 in Tax Credits


credit: Wikimedia Commons

The Nebraska Department of Economic Development has provided Community Development Assistance Act tax credits of up to $10,000 to establish a credit union.

The Community Development Resources Inc. will use the $10,000 tax credits to establish the Community Hope Federal Credit Union in a Lincoln location that serves 12 areas that have low- and moderate-income wage earners.


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Federal Programs Related to - Regional Economic Development

Programs that provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in a particular region of the United States.

Federal Programs Related to - Public Finance, Taxation &Monetary Policy

Programs that are primarily engaged in financial administration, taxation and monetary policy. Campaign Finance, Federal Reserve; Monetary Policy; Taxation

Federal Programs Related to - Community Economic Development

Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses.

Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones




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