Irvin Cohen, LISC, Jacksonville, FL
[The NMTC] helps bring market solutions to help fill social gaps.
Monte Walker, Habitat for Humanity, Jacksonville, FL
The NMTC has been of great benefit in building affordable housing for those in need.
Joe Whitaker, Office of Economic Development, City of Jacksonville, FL
NMTC Program is a unique economic development tool to incent new investment in underserved economically distressed area. It is a valuable incentive to assist a local developer to invest in the redevelopment of Jacksonville’s Historic National Guard Armory Building. Built in 1916 and abandoned in 2010.
Edward Gaston, Wealth Watchers, Jacksonville, Florida
Development of strong communities will make our nation stronger. The NMTC program is a valuable tool to uplift neighborhoods.
Aaron Bean (R-FL04)
Feeding Northeast Florida
The acquisition and renovation of a 120,000sf warehouse will help combat food insecurity by growing and expanding Florida’s largest food book. This newly constructed warehouse will provide service to 4-5 additional rural counties in NE Florida. https://fclf.org/meet-our-borrowers-item/feeding-ne-florida#:~:text=Florida%20Community%20Loan%20Fund%20provided%20%2414%20million%20in,loan%20program.%20The%20investor%20is%20U.S.%20Bank%20CDC.