Despite the unprecedented challenges posed by the pandemic, NMTC projects are moving forward in 2020 when they’re arguably needed most. We’ve pulled together a collection of 2020 projects for you to browse:
Peterson Farms
Lansing,
MI
The Michigan Commission of Agriculture and Rural Development today approved a $135,000 performance-based Food and Agriculture Investment Fund grant to Peterson Farms, located in Shelby, Michigan. Already Oceana County’s largest ...
Read More
Read More
Barton Hall
Mobile,
AL
Renovation of the historic Barton Academy Building into an internationally focused, public school within the Mobile County Public School System ...
Read More
Read More
Children’s Institute, Watts Campus
Los Angeles,
CA
Construction of a new 20,000 square foot state-of-the-art community facility in Watts for the Children’s Institute is expected to begin in January 2020 and be completed in July 2021. The ...
Read More
Read More
Creative Class Lofts
Fall River,
MA
NTCIC is happy to announce the successful financing of the former Bradford Durfee Textile School in Fall River, Massachusetts. Once rehabilitated, the building will become the Creative Class Lofts, a ...
Read More
Read More
Academy Lofts Adair Park
Atlanta,
GA
The George W. Adair School, constructed in 1912 at the heart of the Adair Park neighborhood in Atlanta, Georgia operated as both a school and a community gathering center for ...
Read More
Read More
Crescent Commons
Cortland,
NY
The Crescent Corset Company factory in Cortland, New York, was one of the leading employers for women in the region. This multi-phase project transformed the long vacant building into a ...
Read More
Read More
Newark Arts Commons
Newark,
NJ
The original St. Michael’s Hospital, established by the Franciscan Sisters of the Poor in 1869, will soon become the Newark Arts Commons, a center for arts education and creative co-living ...
Read More
Read More
Ron Clark Academy
Atlanta,
GA
The NMTC allocation will assist with the construction of the new 42,000-square-foot state-of-the-art Ryan Marshall Performing Arts Center, which will expand the existing school building both for student activities as ...
Read More
Read More
Audubon Metals
Corsicana,
TX
Corsicana will soon be the location of a new manufacturing facility for an aluminum producer and metals processor, Audubon Metals, LLC. The announcement of the 100 jobs and $50 million ...
Read More
Read More
Arris Manufacturing
Clio,
SC
Through its investment in Arris Manufacturing (“Arris”), The Innovate Fund was able to support the acquisition and retrofitting of the former Baldor Electric facility in Clio. Dormant since 2016, the ...
Read More
Read More
Allen Place Project
Lansing,
MI
The development plans call for the rehabilitation of an existing two-story building that currently houses the Allen Neighborhood Center into a three-story mixed-use development in the City of Lansing. When ...
Read More
Read More
University of Delaware’s Science, Technology and Advanced Research Campus
Newark,
DE
A New Markets Tax Credit investment from Cinnaire will support the development of a new, 100,000-square-foot building dedicated to financial technologies at the University of Delaware’s Science, Technology and Advanced ...
Read More
Read More
Treasures Market
Lancaster,
PA
Treasures Markets gets $1.9M boost from federal tax credits for discount grocery/thrift store in Lancaster city. Gov. Tom Wolf announced Tuesday that Treasures Markets will get the help to buy ...
Read More
Read More
The Ko-Kwel Wellness Center
Coos Bay,
OR
The Ko-Kwel Wellness Center will be a 22,000-square-foot building on the tribe’s Kilkich Reservation near Charleston. When it opens next year, the $12 million center will offer primary care, dental ...
Read More
Read More
Erie Center for Arts and Technology
Erie,
PA
a $10.3 million renovation of the 107-year-old former school. With the former Wayne building purchased, ECAT then turned to financing the $10.3 million in renovations. Of that, ECAT will fund ...
Read More
Read More
Scranton Counseling Center
Scranton,
PA
The adaptive reuse of a historic cornerstone building at 329 Cherry Street in downtown Scranton. The rehabilitated building will be the site of SCC’s behavioral health clinic and administrative offices, ...
Read More
Read More
Union Gospel Mission of Salem
Salem,
OR
NMTC financing for Union Gospel Mission of Salem (“UGMS”), the largest provider of meals and shelter for the homeless in the Salem, Oregon metro area. The loan, made possible with ...
Read More
Read More
