Recent NMTC Projects – Sept 2020 Update

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:

Scranton Counseling Center

Scranton
PA
Scranton Counseling Center
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

Ron Clark Academy

Atlanta
GA
Ron Clark Academy
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

Union Gospel Mission of Salem

Salem
OR
Union Gospel Mission of Salem
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

Academy Lofts Adair Park

Atlanta
GA
Academy Lofts Adair Park
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

Newark Arts Commons

Newark
NJ
Newark Arts Commons
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

Crescent Commons

Cortland
NY
Crescent Commons
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

Peterson Farms

Lansing
MI
Peterson Farms
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

The Ko-Kwel Wellness Center

Coos Bay
OR
The Ko-Kwel Wellness Center
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

Creative Class Lofts

Fall River
MA
Creative Class Lofts
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

Erie Center for Arts and Technology

Erie
PA
Erie Center for Arts and Technology
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

Barton Hall

Mobile
AL
Barton Hall
Renovation of the historic Barton Academy Building into an internationally focused, public school within the Mobile County Public School System ...
Read More

Children’s Institute, Watts Campus

Los Angeles
CA
Children's Institute, Watts Campus
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

Allen Place Project

Lansing
MI
Allen Place Project
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

Treasures Market

Lancaster
PA
Treasures Market
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

Marygrove Conservancy

Detroit
MI
Marygrove Conservancy
$22 million financing package closes to support cutting edge early childhood center on Marygrove campus ...
Read More

Fintech Building

Newark
DE
Fintech Building
An NMTC investment from Cinnaire supported the development of a new, 100,000-square-foot building dedicated to financial technologies at the University of Delaware’s Science ...
Read More

NuFarm

Greenville
MS
NuFarm
NMTC and NuFarm bring quality manufacturing jobs to Greenville, Mississippi ...
Read More

Tippah County Hospital

Ripley
MS
Tippah County Hospital
A new hospital boosts the health of a medically underserved rural Mississippi community ...
Read More

The Wycliff

Saint Paul
MN
The Wycliff
The Wycliff’s project goals were strongly geared toward providing for small businesses and growing jobs, bringing over 500 permanent jobs to the Midway community. Even while the 2020 COVID19 pandemic ...
Read More

Arris Manufacturing

Clio
SC
Arris Manufacturing
A new manufacturing facility brings a halt to more than a century of economic decline ...
Read More
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest