Posted by: BayAreaComRE | December 3, 2009

Sourced: Wells Fargo Wins More Tax Credits

From Globe Street (link here):

“Wells Fargo & Co. was recently awarded an additional $90 million in New Markets Tax credits from the US treasury Department, taking its total to nearly $670 million in six separate allocations. Wells Fargo says it will use the allocation to support high-impact commercial real estate projects that bring economic development and essential services to low income communities and distressed neighborhoods.”

Remainder of story linked here…

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