New Markets Tax Credit Coalition

  • Somerset,
  • KY
  • (2020)

Modern Distributors

District: Hal Rogers (R-KY05)

Financing to help a multifaceted food service provider expand.

Investment

  • NMTC Amount: $8,289,473
  • Total Project Cost: $13,754,018

IMPACT

  • 254 FTE jobs
  • 83 construction jobs
  • Part of local initaitve creating jobs for inmates

CDEs

,

Investor

Project Description

Modern Distributors is a multifaceted food service provider to C-Stores and vending machines. This project was for an expansion.

MAP

Address: 385 Valley Oak Drive, Somerset, KY 42503

Census Tract: 21199930200

Missing information? Submit an update or correction.

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