French Lick Redevelopment Selected to Receive $50 Million in Allocation Authority under the New Markets Tax Credit Program

Washington, DC – October 30, 2009 – (RealEstateRama) — Congressman Baron Hill is pleased to announce that French Lick Redevelopment CDE LCC has been selected to receive $50 million in allocation authority under the 2009 round of the New Markets Tax Credit (NMTC) Program administered by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund.