In the second round of awards, five Ohio entities will receive a total of $10 million in Ohio New Markets Tax Credits to spur economic investments, leveraging at least $25.6 million across Ohio. The awardees include Cincinnati New Markets Fund, LLC (serving the Over-the-Rhine neighborhood); Cleveland New Markets Investment Fund II, LLC (serving Cuyahoga County); Dayton Region New Market Fund, LLC (serving Montgomery, Preble, Darke, Miami, Champaign, Clark, Green, Warren, & Clinton Counties); Finance Fund (serving all of Ohio); and Northeast Ohio Development Fund, LLC, (serving Cuyahoga County).
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