Rep. Lynn Jenkins (R-KS) visits Kansas City Tech Start-up Payit

Rep. Lynn Jenkins (R-KS) visits Kansas City Tech Start-up Payit

On June 29, 2016, U.S. Rep. Lynn Jenkins (KS-02), the fifth-highest-ranking member of House Republican leadership and a member of the U.S. Ways and Means Committee, toured Kansas City startup PayIt. PayIt is a cloud-based mobile solutions platform for government, leveraging its technology and insights to rewrite and automate the citizen engagement experience. PayIt’s patent-pending […]

Treasury Secretary Lew and Congressman Xavier Becerra Visit L.A. Prep Incubator

Treasury Secretary Lew and Congressman Xavier Becerra Visit L.A. Prep Incubator

Last month, to mark National Small Business Week, Congressman Xavier Becerra (D-CA), Chairman of the House Democratic Caucus, joined Treasury Secretary Jack Lew at the NMTC-financed L.A. Prep in Lincoln Heights. The L.A. Prep project involved the acquisition and renovation of 56,000 square foot former warehouse into an incubator for small food producers who have […]

Rivera Beach Marina Village Promises to Transform the Distressed Waterfront

Rivera Beach Marina Village Promises to Transform the Distressed Waterfront

Yesterday in Riviera Beach, FL, they cut the ribbon on the new Riviera beach Marina Village. Hundreds showed up Thursday afternoon to get a first look at the new waterfront property. Project Fact Sheet The $35 million redevelopment project is almost complete and will have an event center, restaurants, hotels, shopping and office space. Officials […]

San Jose Educare Project Shows the Importance of the NMTC for Nonprofits and Community Facilities

On Friday, October 16th, Educare of California at Silicon Valley (“ECSV”) and Opportunity Fund will celebrate the recent opening of a new Educare facility in San Jose’s Santee neighborhood. The new school, which is more than 7 years in the making, will provide year-round early childhood education and care to 160 children. The project would […]

US Conference of Mayors Considering Resolution Supporting the New Markets Tax Credit

The 83rd Annual Meeting of the US Conference of Mayors begins today in San Francisco, CA, and the fate of the New Markets Tax Credit (NMTC) – a critical tool for both urban areas and small towns – is on the minds of many of the conference attendees. The program expired last December, and without […]

Michigan Renewable Carbon

Date of closing September 2013 Total Costs $24 million Total NMTCS $22 million MICHIGAN RENEWABLE CARBON (Gwinn, MI)  | View Map AWARD WINNER 2014 Small Business of the YearHonorable Mention Novogradac Journal of Tax Credits Community Development Awards Michigan Renewable Carbon is creating a facility capable of producing 4,000 tons per year of activated carbon, and 4,000 […]

Sarla Performance Fibers

Sarla Performance Fibers began the expansion of a new polyester yarn and thread manufacturing facility in rural South Carolina in early 2013. The manufacturing nature of the international project brings traditional textile industry back to South Carolina and is part of the state’s larger redevelopment efforts to attract manufacturing businesses that can effectively operate in […]