The state of America’s crumbling infrastructure is well-documented. The problem is much worse in distressed communities that lack the tax base to improve roads, expand high-speed broadband, or provide students with a quality education. Without those building blocks of economic growth, the prospects of attracting new businesses are dim.

While the NMTC was not designed to fix infrastructure, its flexibility provides mayors with a variety of options to finance projects that rebuild or improve public infrastructure. Of the more than 5,000 NMTC projects to date, the NMTC Coalition has identified more than 500 projects (10 percent) that involve the direct financing of infrastructure, including:

Indirect infrastructure financing

Because many NMTC projects are enormous, multi-faceted redevelopment efforts, it is difficult to pinpoint the exact dollar figure that supports infrastructure. About half of NMTC projects include Community Benefits Agreements, and these agreements often require NMTC-financed businesses to support street-scape improvements, road and utility investments, and other secondary infrastructure spending.

Other than direct financing, another way the NMTC indirectly supports infrastructure is by building and stabilizing the tax base for cash-strapped municipalities. As the NMTC Coalition has documented, the program generates hundreds of millions in state and local tax revenue each year. Cities, counties, and towns can put this new revenue back into schools, roads, and other improvements.

Stories

Below find a collection of infrastructure stories. We plan to update this page regularly, so please send your stories to [email protected]

New or Rehabilitated Schools

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Port and Freight Projects

Light Rail

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Wastewater Treatment

Laguna Water and Wastewater Infrastructure Project

The Pueblo of Laguna Utility Authority recognized a great need to rehabilitate their water and wastewater infrastructure systems, which are very old and dilapidated and require extremely costly maintenance and repairs. Learn more…

Lake Point Reclamation

Years of rampant agricultural and commercial development in South Florida has had a significant pollution impact on the area’s water resources. While there have been a number of initiatives to “save” the Florida Everglades, a majority of restoration efforts failed due to lack of funds. Learn more….

Pueblo of Laguna Wastewater System

Pueblo of Laguna Wastewater System
Project City:
Laguna,
Project State:
NM
Project Year:
(2012)
NMTC financing helped Pueblo of Laguna Utility Authority complete the rehabilitation of the water and wastewater system throughout the tribal lands of Pueblo of Laguna, N.M. The previous water system, ...
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America’s Central Port Complex

America’s Central Port Complex
Project City:
Madison,
Project State:
IL
Project Year:
(2015)
The project includes million square feet of new, rail-served manufacturing and warehousing space in the industrial development along the Mississippi River’s Chain of Rocks shipping canal. The warehouse project is ...
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Silicon Ranch, Selmer

Silicon Ranch, Selmer
Project City:
Selmer,
Project State:
TN
Project Year:
(2015)
On June 15, 2017, Pickwick Electric Cooperative (PEC), Tennessee Valley Authority (TVA), McNairy County Industrial Development Board, and Silicon Ranch officially commissioned and turned on a 10 MWDC solar energy ...
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Molokai New Energy Partners

Molokai New Energy Partners
Project City:
Waianae,
Project State:
HI
Project Year:
(2018)
On Aug. 6, 2018, the Hawaii Public Utilities Commission announced the approval of a power-purchase agreement for a new energy facility in Moloka’i. This grid-scale, solar-and-battery energy storage project on ...
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Ag Processing Grain Terminal

Ag Processing Grain Terminal
Project City:
Aberdeen,
Project State:
WA
Project Year:
(2011)
Ag Processing Inc. (AGP) has successfully completed the development of an integrated grain and oilseed storage and export facility at Terminal 2 of the Port of Grays Harbor in Aberdeen, ...
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Terra NW

Terra NW
Project City:
Anchorage,
Project State:
AK
Project Year:
(2011)
The Alaska telecommunications provider, GCI, completed Phase 1 of the TERRA-NW broadband service in December and started transmitting commercial traffic on Jan. 3, 2013. Travois New Markets used a portion ...
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Mercantile Exchange

Mercantile Exchange
Project City:
Saint Louis,
Project State:
MO
Project Year:
(2010)
The redevelopment of the St Louis Centre into a 750-space parking garage and 106,000 sq. ft. of retail space is part of a larger redevelopment plan for a blighted three-square ...
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Greatwave Communications

Greatwave Communications
Project City:
Cleveland,
Project State:
OH
Project Year:
(2016)
GreatWave Communications is a long-standing operating business located in Conneaut, Ohio that provides high-quality telecommunications services to over 2,000 telephone customers, 1,650 cable television subscribers, and 3,200 broadband internet users ...
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Continental Divide Electric Cooperative Broadband Project

Continental Divide Electric Cooperative Broadband Project
Project City:
Grants,
Project State:
NM
Project Year:
(2017)
Currently, residents and owners of approximately 24,000 homes and business in Grants and the surrounding area have no broadband internet option and rely on satellite internet, the speed of which ...
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Butte Regional Transportation Corporation

Butte Regional Transportation Corporation
Project City:
Chico,
Project State:
CA
Project Year:
(2016)
New operations center to offer improved transportation and outreach services to geographically isolated and at-risk populations in Butte County ...
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Mt. Poso Cogeneration Company

Mt. Poso Cogeneration Company
Project City:
Bakersfield,
Project State:
CA
Project Year:
(2011)
​Facing closure and a major loss of jobs, the Mt. Poso facility converted a formerly shuttered coal fired power plant to utilizing biomass fuel derived from waste wood. Mt. Poso’s ...
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Continental Divide Electric Cooperative, Inc.

Continental Divide Electric Cooperative, Inc.
Project City:
Grants,
Project State:
NM
Project Year:
(2018)
Continental Divide Electric serves 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties. The company owns 3,998 miles of distribution line ...
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North Fork Community Power

North Fork Community Power
Project City:
North Fork,
Project State:
CA
Project Year:
(2015)
The project is a first-in-nation renewable energy operating business that uses Sierra Nevada forest waste as its feedstock to produce electricity. The electricity will be used in an adjacent industrial ...
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Yonkers Pier

Yonkers Pier
Project City:
Yonkers,
Project State:
NY
Project Year:
(2008)
The Yonkers Pier is the only turn-of-the 20th century pier still in use on the Hudson River. The restoration of the Pier is another milestone in the remarkable renewal of ...
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Makah Commercial Fishing

Makah Commercial Fishing
Project City:
Neah Bay,
Project State:
WA
Project Year:
(2014)
The Makah tribe's fishing dock in northwest Washington is ready for business - and spurring economic development in the region ...
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Washington Park Parking Garage

Washington Park Parking Garage
Project City:
Cincinnati,
Project State:
OH
Project Year:
(2011)
The $48 million 2012 renovation and expansion of Washington Park was a public /private partnership among 3CDC, the City of Cincinnati, the Cincinnati Park Board, and the Cincinnati corporate and ...
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Eagle Railcar Services

Eagle Railcar Services
Project City:
Washington,
Project State:
IN
Project Year:
(2017)
Eagle Railcar Services acquired, remediated and renovated the former B&O Railroad Servicing facility, with 10 miles of track and 200,000 square feet of buildings located in rural Washington, Indiana (pop, ...
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Lancaster Energy Partners

Lancaster Energy Partners
Project City:
Thomaston,
Project State:
GA
Project Year:
(2013)
Located in the State of Georgia, historically underserved in the NMTC Program, the Lancaster Energy Partners Project consists of the acquisition and retrofitting of a former coal fired power plant ...
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Hamtramck Recycling

Hamtramck Recycling
Project City:
Hamtramck,
Project State:
MI
Project Year:
(2011)
Hamtramck Recycling LLC is a family owned green recycling business located in Hamtramck, Michigan, which currently employs 11 people. In 2012, Hamtramck Recycling encountered increased demand from local manufacturers interested ...
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Toledo Port Expansion

Toledo Port Expansion
Project City:
Toledo,
Project State:
OH
Project Year:
(2012)
Finance Fund has awarded a total of $15.36 million in federal and state New Markets Tax Credit (NMTC) financing to Ironville Improvement, LLC., a subsidiary of Midwest Terminals of Toledo, ...
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Martinsville Clean Energy Plant

Martinsville Clean Energy Plant
Project City:
Martinsville,
Project State:
VA
Project Year:
(2017)
The Martinsville Clean Energy project successfully combined Investment Tax Credits and New Markets Tax Credits for the design, construction and installation of state-of-the-art clean energy generation technology into an anaerobic ...
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Hoku Solar

Hoku Solar
Project City:
Waianae,
Project State:
HI
Project Year:
(2012)
The Hawaii Department of Transportation operates and maintains 15 airports statewide. This 903 kW solar PV project has been installed on the rooftops of airport facilities at locations on the ...
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Port of Hueneme

Port of Hueneme
Project City:
Port Hueneme,
Project State:
CA
Project Year:
(2013)
The modernization of the Port of Hueneme retained $7 billion in trade business and 500 livable wage jobs. Clearinghouse CDFI provided $10 million of NMTC allocation for this $14.7 million ...
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Mid River Terminal

Mid River Terminal
Project City:
Osceola,
Project State:
AR
Project Year:
(2014)
New Markets Tax Credits are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner. Osceola, Arkansas, ...
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Lyon Shipyard

Lyon Shipyard
Project City:
Norfolk,
Project State:
VA
Project Year:
(2006)
The Norfolk Ship Repair & Drydock Company (NSDC) is located in the South Brambleton Redevelopment Area of Norfolk, VA. The company was once a leader in the ship repair industry, ...
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Washoe Travel Plaza

Washoe Travel Plaza
Project City:
Gardnerville,
Project State:
NV
Project Year:
(2015)
Washoe Travel Plaza is a “first-of-its-kind” NMTC project located on the Washoe Native American reservation in Nevada. The development produced a diversified and sustainable source of revenue for this Nevada ...
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M-1 Transit Line

M-1 Transit Line
Project City:
Detroit,
Project State:
MI
Project Year:
(2014)
The M-1 RAIL (the “Project”) is a 3.31 mile fixed rail streetcar project being developed in Detroit as the lynchpin of the effort to revitalize the city’s urban core. The ...
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Kalispel Tribe Wastewater Treatment and Buffalo Preserve

Kalispel Tribe Wastewater Treatment and Buffalo Preserve
Project City:
Usk,
Project State:
WA
Project Year:
(2014)
The new facility provides immediate cost savings and prevents emergency overflows and environmental contamination. Additionally, with the modern facility in place, the Tribe can continue the growth and development of ...
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Recleim

Recleim
Project City:
Graniteville,
Project State:
SC
Project Year:
(2013)
Recleim developed the U.S.'s first state-of-the-art appliance recycling facility. Recleim is located in the small town of Graniteville, SC, which was devastated by a 2005 train derailment. The derailment resulted ...
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Friedman Recycling

Friedman Recycling
Project City:
Albuquerque,
Project State:
NM
Project Year:
(2013)
In 2011, the City of Albuquerque’s recycling program was limited by the capacity of the antiquated processing plant that recycled only 5-6% of the city’s waste and was being overwhelmed ...
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Coyote Valley Hotel and Wastewater

Coyote Valley Hotel and Wastewater
Project City:
Redwood Valley,
Project State:
CA
Project Year:
(2018)
The new Coyote Valley Hotel will be 55,000 square feet and will have 101 guest rooms. It is located along US Highway 101, a major commercial artery bringing customers through ...
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