New Markets Tax Credit Coalition

Richland Center Renewable Energy and Wastewater Treatment

NMTCs enabled RCRE to construct a new state-of-the-art wastewater treatment facility in Richland Center, providing a solution for the significant problems of the city’s old wastewater treatment facility, which was unable to handle the volume, functionality, odor, traffic, disposal, cost or increased capacity.

Investment

  • NMTC Amount: $29,720,000
  • Total Project Cost: $30,920,000

IMPACT

  • 181 FTE jobs
  • Includes 108 jobs retained and 73 jobs created

Investor

Project Description

NMTCs enabled RCRE to construct a new state-of-the-art wastewater treatment facility in Richland Center, providing a solution for the significant problems of the city’s old wastewater treatment facility, which was unable to handle the volume, functionality, odor, traffic, disposal, cost or increased capacity. The new facility allowed RCRE to run at higher capacity, enabling the retention of existing employees, and creating 73 additional quality jobs.

MAP

Address: 26783 County Highway, Richland Center, WI 53581

Census Tract: 55103970400

Other Wisconsin Projects

In 2004, a manufacturer increased operational support at is Viola and La Crosse locations to help retain its 180 employees.
Villager Mall is a redevelopment project that involved renovating the former Villager Center on the City of Madison’s south side.
NMTC financing supported the creation of up to 92 jobs, in addition to retaining 156 existing positions.
The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greenfield Avenue and S. 1st Street in Milwaukee, WI.