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The improved credit rating outlook is expected to boost investor confidence in the MTA and could lead to reduced interest rates paid by the MTA on future capital program bonds issued using the Transportation Revenue Credit.
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The $499-billion federal legislation is full of carbon reduction, resiliency, and clean energy incentives.
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The Propane Education & Research Council is encouraging fleet operators to take advantage of the tax credit.
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Through the low-income housing tax credit regulatory agreement, 169 of the project units are subject to income restrictions at 60% area median income.
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