New Markets Tax Credit Coalition

Lyons Lumber

Investment

  • NMTC Amount: $400,000
  • Total Project Cost: $400,000

IMPACT

  • 4 FTE jobs
  • 75% of jobs created/retained are accessible to low-income people.

CDEs

Investor

Project Description

The financing request was to allow the borrower to purchase into a major national brand hardware chain as well as make the necessary renovations and fit-up to the building to accommodate bringing the brand on board.

MAP

Address: 545/555 Holmes Street, Frankfort, KY 50601

Census Tract: 21073071200

Other Kentucky Projects

The Republic Bank Foundation YMCA is a newly constructed 77,000 sq. ft. multi-purpose facility to improve health equity in west Louisville, Kentucky.
In 2012, West Liberty, Kentucky was literally destroyed by a series of E-3 tornadoes. This NMTC project helped the community rebuild.
The redevelopment of the entry way into the City of Williamsburg and the relocation and redevelopment of the University’s sport facilities.
Construction of five new buildings of project that expanded capacity and services offered to medically fragile children as well as children who have been abused, abandoned or neglected, and children