Bob Theil, NewCourtland Senior Services, Philadelphia, PA
As a non-profit, NewCourtland uses NMTC to make the communities we build in better and stronger.
Kevin Lessard, PIDC (Philadelphia Industrial Development Corp.), Philadelphia, PA
PIDC invests in high-impact community revitalization projects that create good jobs, provide essential goods and services, and stimulate additional investment in our neighborhoods. The NMTC Program – a US Treasury program – incentivizes community development and economic growth through the use of federal tax credits that attract private investment in distressed communities. PIDC Community Capital […]
John Ungar, NewCourtland, Philadelphia, PA
Our organization is a nonprofit that develops senior care communities so that senior citizens can live as independently as possible with appropriate supports. We achieve this by developing affordable senior housing adjacent to LIFE (Living Independently for Elderly) Centers. Residents can attend the LIFE Centers several times a week and get in home support from […]
Stephen Grim, NewCourtland, Philadelphia, PA
The NMTC program has been instrumental as a catalyst for growth in the Philadelphia community, this program has allowed us to build 4 LIFE centers that provides over 300 high paying healthcare jobs and a census of over 1,500 participants to receive their healthcare to age in place.
Carrie Rathmann, Habitat for Humanity Philadelphia, Philadelphia, PA
NMTC are a tool that Habitat affiliates can use for creation of affordable housing. Currently Habitat Phila. is utilizing NMTC to provide funding for the construction of a 21-unit new, green homeownership development for households making between 30-60% AMI.
Golaski Labs
Acquisition and rehabilitation of Golaski Labs, vacant form home of maker of surgical needs by the same name, into mixed-use space.