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
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, ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Barton Hall
Mobile
AL
Renovation of the historic Barton Academy Building into an internationally focused, public school within the Mobile County Public School System ...
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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 ...
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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 ...
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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 ...
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Marygrove Conservancy
Detroit
MI
$22 million financing package closes to support cutting edge early childhood center on Marygrove campus ...
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Fintech Building
Newark
DE
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 ...
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Tippah County Hospital
Ripley
MS
A new hospital boosts the health of a medically underserved rural Mississippi community ...
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The Wycliff
Saint Paul
MN
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 ...
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Arris Manufacturing
Clio
SC
A new manufacturing facility brings a halt to more than a century of economic decline ...
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