New Markets Tax Credits (NMTC) enabled Sherwood Forest, a youth development organization serving young people from economically distressed families and communities in the St. Louis metropolitan region, to expand our resident camp facilities located in Reynolds County, Missouri. This facility expansion allows Sherwood Forest to serve more children during the summer and in the school year. Construction took place in an economically distressed rural area of the State of Missouri. Without NMTC, the scope of this project would have been greatly reduced. The positive impact to those we serve from St. Louis and to our community in rural Missouri will be felt for a long time to come. I strongly encourage the bi-partisan support for the renewal of the New Markets Tax Credit Extension Act (H.R. 1680 and S. 750) so that other communities will benefit in years to come.
High tech research has found a home at the Roy Blunt Jordan Valley Innovation Center (JVIC). This former MFA milling facility has been transformed into a seven-story state-of-the-art research facility … Read More
Guardian Angel Settlement Association (GASA) requested these funds to support the development of a new Social Services Center at 3300 South Jefferson in the Benton Park neighborhood. The total project … Read More
The River City Business Park project involved $70 million redevelopment of a long-abandoned brownfield site into a 54 acre LEED-certified business park in a highly distressed community on the southern … Read More
The 21,272-square-foot facility at 1000 North Vandeventer Ave. provides meeting rooms, a chapel, and a large conference space for up to 125 people, as well as administrative offices for the … Read More
Technology Entrepreneur Center that fosters growth of new innovative IT companies. T-REx, backed by $1.7 million in New Markets Tax Credit equity from U.S. Bank, has bought the Lammert Building, … Read More
Early Childhood Education Center – The I. Jerome and Rosemary Flance Early Childhood Education Center at Murphy Park (“The Flance Center”) is an innovative community facility that offers exceptional care … Read More
The Old Post Office historic district of downtown St. Louis is the site of revitalization projects, including the Syndicate Building considered a key, cornerstone; historic building that was in a … Read More