Last updated 9:08AM ET
October 17, 2017
WOUB Local News
WOUB Local News
Federal funding for job development
(2007-10-08)
(WOUB) - The Oak Hills Bank Community Development Corporation is getting $40 million from the U.S. Department of Treasury for economic development projects.

Congressman Zack Space says the money will provide low-cost loans to local businesses and community organizations.

Federal funds like this are given to provide economic support for distressed rural areas.
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