Recent NMTC projects in Akron, OH and Bellows Falls, VT

Recent NMTC projects in Akron, OH and Bellows Falls, VT

Chroma Technology, Bellows Falls, VT: The growth of Chroma Technology, a leading manufacturer of optical filters and related products, has far exceed their existing production capacity. Financing from MHIC will increase the company’s manufacturing and research and development facility by over 150%. The prosperity of this company is extraordinarily vital to this very low-income community […]

New Markets Tax Credit Driving Downtown Cincinnati Revitalization

New Markets Tax Credit Driving Downtown Cincinnati Revitalization

Yesterday, the New York Times wrote about the recovery of downtown Cincinnati, and the Over the Rhine neighborhood in particular. Although the article does not mention it explicitly, many of the catalytic projects described by the Times would not have been possible without financing provided through the New Markets Tax Credit (NMTC). Below is a map […]