WASHINGTON — The Treasury Department today will announce the more than 50 tribal governments that have been allocated a total of $1 billion of tax-exempt economic development bonds to finance projects under a new program created by the stimulus law.

The announcement will be made by deputy Treasury secretary Neal Wolin and New Mexico Gov. Bill Richardson in Albuquerque at 1:00 p.m. Eastern Daylight Time. Four of the tribal communities that will receive allocations are in New Mexico.

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