New Markets Tax Credit Coalition

Advanced Eye Centers

NMTC financing supported an ophthalmology clinic in Fall River, Massachusetts.

Investment

  • NMTC Amount: $592,000
  • Total Project Cost: $856,000

IMPACT

  • 20 FTE jobs
  • 30 construction jobs
  • 5,940 sq. ft. of real estate

Investor

Project Description

NMTC financing supported an ophthalmology clinic in Fall River, Massachusetts.

MAP

Address: 1741 President Avenue, Fall River, MA 2720

Census Tract: 25005641700

Other Massachusetts Projects

Finances the renovation and expansion of a vacant 43,515-sq. ft., single-story office building on 4.31 acres, repurposed into a K-8 school.
With $9.5 million in support from Sovereign Bank, MassDevelopment put together a $20 million financing package through its NMTC programto rehabilitate and upgrade the FGS Building, one of two buildings
NMTC financing transforms a contaminated site into a sparkling new community facility.
The Caring Health Center project was the rehabilitation and adaptive reuse of three contiguous buildings in the Smith Carriage Company Historic District of Springfield, which improves healthcare in a medically