New Markets Tax Credit Coalition

The Imperial Building

Investment

  • NMTC Amount: $6,200,000
  • Total Project Cost: $6,200,000

IMPACT

  • 42 FTE jobs
  • 100 construction jobs
  • 37,000 sq. ft. of real estate

Project Description

This project is a renovation of 4 businesses (Realtor, Pharmacy, and Chiropractor in the Imperial Building. Additionally 12 market rate apartments & 4 subsidized apartments were created.

MAP

Address: 110 3rd Street, Henderson, KY 42420

Census Tract: 21101020401

Other Kentucky Projects

Funding for the purchase and installation of new equipment to serve a new client in a growing business.
The University of Louisville Foundation constructed an eight-story, 202,510 gross square foot commercial office, information technology and laboratory building known as the Nucleus Innovation Center Building #1, the first of
Kitchen incubator and construction of single family for-sale housing.
NMTC financing helped expand this FQHC.