New Markets Tax Credit Coalition
HAP is an anchor nonprofit in the Twin Cities, serving the immigrant and refugee communities for over 30 years. Annually, HAP serves 25,000 individuals in workforce development, economic development and other community wellbeing programs. Without NMTC through organizations such as Midwest Minnesota Community Development Corporation, HAP would not have been able to acquire and reconstruct our two workforce facility sites. These sites are integral to our workforce development training we provide to our communities. NMTC are essential to our communities, and even more so for nonprofits such as HAP who would otherwise have no other way to finance buildings and projects that are integral to improving lives of underserved communities. I and HAP urge for the NMTC program to be permanent.
This transaction will finance the acquisition of a renovated 32,000 sq. ft. building that will house educational and job training programs sponsored by Hmong American Partnership. Job training programs include an IT training program and a health care training program. Educational programs include a Montessori pre-K program and a charter school founded specifically to serve the Hmong community.
Address: 240 Plato Boulevard East, Saint Paul, MN 55107
Census Tract: 27123031300
A $7 million allocation for the infrastructure development for 32 lots and build 15 homes with 80% reserved for low-income buyers. This development is close to downtown, transit, shops, and