New Markets Tax Credit Coalition

Mirac, LLC

Investment

  • NMTC Amount: $2,275,000
  • Total Project Cost: $2,275,000

IMPACT

  • 28 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. 5 jobs created and 23 jobs retained.

Investor

Project Description

Mirac is an electronics manufacturing services company specializing in the design, fabrication, and assembly of printed circuit boards and wire harnesses. This project provided the Company with working capital needed to support growing customer relationships. The funds will also support operations at a recently acquired location.

MAP

Address: 2153 Winners Circle, Dayton, OH 45404

Census Tract: 39113001700

Other Ohio Projects

This is the substantial rehabilitation and adaptive reuse of eight historic buildings located in a three block area of the Over-the-Rhine neighborhood.
New Markets Tax Credits supported the construction of a new YMCA Community Hub
Madisonville Redevelopment revitalized three buildings across three city blocks in the Madisonville neighborhood of Cincinnati, Ohio.
The NMTC supported start up costs and business expenses for a 24 hour clinically monitored Residential Rehabilitation program for adult men dealing with substance abuse disorders.