Date of closing March 2014 Total Costs $33 million Total NMTCS $30 million BlueOak Resources, Inc. (Osceola, AR) | View Map BlueOak Resources created a 73,100 sq. ft. electronic scrap recycling facility which recycles a total of 35,000 tons of electronic waste per year. The project won the Harvard Business School New Venture Award in 2011 […]
Reform should take note of incentives that strengthen distressed areas. Op-Ed by Frank Altman, President and CEO of Community Reinvestment Fund, Inc. Today, the chairmen of the U.S. Senate and U.S. House tax-writing committees — Sen. Max Baucus, D-Mont., and Rep. Dave Camp, R-Mich. — are kicking off a bipartisan summer road trip to promote […]
Excerpt from KPAX.com in Missoula, MT: Montana CDC and U.S. Bank have secured $6 million in permanent financing to support the Mission Valley Aquatics community health facility. … “Supporting more than 40 jobs in Polson while building healthy community infrastructure is a win-win,” said Senator Max Baucus, who helped make New Markets Tax Credits available […]
In November of 2012, Cincinnati leaders gathered for the grand opening of the CityLink Center, a comprehensive social services mall which was built with the help of New Markets Tax Credits.
The New Markets Tax Credit continues to serve as an effective tool to create manufacturing jobs. Last year, thanks to $12.5 million in New Markets Tax Credit financing from the Florida Community Loan Fund, construction began on SolarSink, LLC’s innovative new manufacturing facility: SolarSink, LLC will produce heatsink technology and create a solar array on a […]
How CA FreshWorks Fund Impacts CRE
Chenango County yogurt maker getting $18M in state help
Keep capital flowing to firms in tough times: Now more than ever, Maine needs the private investment fostered by New Markets Tax Credits.
LIIF used New Markets Tax Credits to help Part of the Solution (POTS) build a new, larger facility in the Bronx. POTS provides free meals and services to 10,000 low income residents annually. Read more here.