New Markets Tax Credit Coalition

Search
  • South Holland,
  • IL
  • (2021)

mSeed Group, LLC

District: Robin Kelly (D-IL02)

Investment

  • NMTC Amount: $1,000,000
  • Total Project Cost: $1,000,000

IMPACT

  • 6 FTE jobs
  • Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

CDEs

Investor

Project Description

mSeed Group is an African American and woman-owned contract manufacturer of for small to mid-sized beauty and cosmetic brands. This project provided the Company with funds to refinance existing debt, purchase new equipment, and provide working capital. These funds will help the Company to grow and be able to service additional clients.

MAP

Address: 533 West Taft Drive, South Holland, IL 60473

Census Tract: 17031827500

Missing information? Submit an update or correction.

Other Illinois Projects

Erie Family Health
  • Chicago,
  • IL
  • (2016)
  • CDE(s): Chicago Community Loan Fund
Erie Family Health Center, Inc. renovated a former bank building to create a new 25,500-square-foot community health center in Waukegan, Ill.
Learn more..
Whole Foods Distribution Center
  • Chicago,
  • IL
  • (2017)
  • CDE(s): Chicago Neighborhood Initiatives, FirstPathway Community Development, SCORE
Midwest distribution facility for Whole Foods serving stores in US and Canada.
Learn more..
Flex N’ Gate Effingham
  • Effingham,
  • IL
  • (2021)
  • CDE(s): Central States Development Partners, Cinnaire New Markets, FirstPathway Community Development, Legacy Economic Growth Fund, SCORE
Upgrades made to a manufacturing facility could expand its imprint from 500 employees to up 1,200 employees.
Learn more..
University of Chicago Medical Center
  • Chicago,
  • IL
  • (2017)
  • CDE(s): Urban Development Fund (Aries Capital)
UDF provided financing to the University of Chicago Medical Center for completion of multiple projects.
Learn more..