WL Concepts

Investment

  • NMTC Amount: $1,460,000
  • Total Project Cost: $1,560,000

IMPACT

  • 4 FTE jobs
  • 3 construction jobs

Investor

Project Description

Financing supported an office and warehouse for WL Concepts, a Service-Disabled, Veteran-Owned Small Business in Freeport in 2011. WL Concepts is a leader in creating innovative, visual, and three-dimensional displays, graphics, and signs.

MAP

Address: 1 Bennington Avenue, Freeport, NY 11520

Census Tract: 36059414400

Other New York Projects

This project will partially finance the acquisition and renovation of the former Dresser-Rand/Siemens Energy industrial facility in Olean, NY, the acquisition and commissioning of manufacturing equipment, and the training of

NMTC funding will provide funds for a new “FRESH” supermarket, plus operating expenses during lease-up and working capital during rent-abatement period. This project’s financing is part of a $10.5 million

New 78,000 sq. ft. mixed-use development that transforms a vacant lot, located at the intersection of 3 impoverished neighborhoods, into a mixed-use, multicultural, community hub.
Acquistion and construction/rehab of prodcution space for small and mid-size manufacturers.