RCED gauges interest in tax credits

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In the last three years, RCED has raised over $300,000 for the revolving loan fund through tax credits and grants from NetWork Kansas. To date, the revolving loan committee has successfully loaned two-thirds of those funds with $95,999.05 available. RCED has the opportunity to re-apply for tax credits in early August. “We continue to see demand for these funds from county businesses,” says Luke Mahin, Republic County Economic Development director.

RCED is trying to gauge the interest in more tax credits. People interested should email rced@nckcn.com or call 785-374-3047 with an amount by Friday, July 28.

 

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