The Treasury Department said Wednesday that it had awarded $3.5 billion worth of the credits, which are designed to spur job-creating investment in low-income neighborhoods, to 85 lending institutions nationwide.
Four of them are in metro St. Louis.
• Advantage Capital Community Development Fund, which is based in New Orleans but has a large office in Clayton, received $75 million.
• Enterprise Financial CDE, also in Clayton, received $40 million.
• St. Louis Development Corp. received $30 million.
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