New England Public Radio
MHIC’s NMTC investment helps finance a new home for the station on Main Street in downtown Springfield.
Beacon Cinema
This $22.4 million project involved the conversion and expansion of the long vacant, historic Kinnell-Kresge building into a state-of-the-art movie house.
Colonial Theater
The complete restoration of a historic theater (built in 1903) that had been closed for 50 years.
River Valley Co-op
NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food Desert.
Food Bank of Western Massachusetts
The project consists of the acquisition of land and construction of a new 63,000 sq. ft. headquarters building with warehouse, office, training, and support spaces. The project design includes 33,000 sq. ft. of dry, 5,500 sq. ft. of frozen, and 5,500 sq. ft. of refrigerated warehouse space. Further, the project includes 19,000 sq. ft. of […]
Way Finders Housing Center & Headquarters
NMTC supports growth of Springfield leader in affordable housing, homelessness prevention, job training & financial education.
Educare Springfield
NMTC financing for the first Educare school in Massachusetts, serving 141 Head Start-eligible young children and their families with a full-day, year-round early education program.
Congressman Richard Neal (D-MA)
The New Markets program plays a significant role in financing many vital businesses and community projects that are overlooked by traditional lending markets. It helps to breathe new life into our neglected and underserved low-income communities. We’ve leveraged these funds to preserve and create jobs, and to build successful businesses….[In my district], the amount of […]
Educare prepares to open state-of-the-art early childhood center
Elms College Dedicates New Center For Natural And Health Sciences
Richard Neal (D-MA01)
Richard E. Neal Complex Dedicated
Caring Health Center / Community Health Center (CHC), located at 1049 Main St., dedicated as the Richard E. Neal Complex at a dedication ceremony held on Monday, Sept. 22, 2014.
Rep. Neal Attends Groundbreaking for Pittsfield YMCA
Berkshire Family YMCA in Pittsfield put shovels in the ground on November 10, 2021, to begin an $12 million overhaul of the historic site that has called North Street home for over a hundred years.
Pittsfield YMCA
The $12 million overhaul of a historic site that has called North Street home for over a hundred years for a YMCA.
Jay Breines, Holyoke Health Center, Holyoke, Massachusetts
We used NMTC to build our headquarters building in downtown Holyoke, representing the single largest building project ever in that area. It now provides 500 jobs and serves almost 20,000 residents, all of which adds to the urgent needs of this very poor community. Commercial banks were not comfortable with the potential $20,000,000 investment we […]
Springfield Prep Charter School
Finances the renovation and expansion of a vacant 43,515-sq. ft., single-story office building on 4.31 acres, repurposed into a K-8 school.
Hot Mama’s
NMTC financing supported the Hot Mama’s project.
Caring Health Center – Richard E. Neal Complex
The Caring Health Center project was the rehabilitation and adaptive reuse of three contiguous buildings in the Smith Carriage Company Historic District of Springfield, which improves healthcare in a medically underserved area.
Apex Resource Technologies
Apex Resource Technologies received an infusion of $5 million, giving the company the working capital needed to expand its business and workforce.
Massachusetts Green High Performance Computing Center
Finaning for the Massachusetts Green High Performance Computing Center, New England’s first high performance computing center.
Holyoke Health Center
The first transaction of its kind in the country combined a Federal loan guaranty program for health centers and the NMTC became a prototype for other community health facilities nationwide.
Elms College Center for Natural and Health Sciences
Elms College used the NMTC to construct a new Center for Natural and Health Sciences.
Springfield Prep Charter School Campus Renovation Underway
Finances the renovation and expansion of a vacant 43,515-sq. ft., single-story office building on 4.31 acres, repurposed into a K-8 school.