Ilhan Omar (D-MN05)

Tax Staffer: Yonathan Teclu, yonathan.teclu@mail.house.gov.

District Highlights

94 projects
693,658,886 in NMTC allocation
1,175,678,154 total project financing
9,186 FTE jobs created or retained
6,967 construction jobs created
11 manufacturing businesses
7 federally qualified health centers

94

projects

$693,658,886

NMTC Allocation

$1,175,678,154

in total project financing

9,186

FTE jobs

6,967

construction jobs

7

federally qualified health centers

11

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Camdentown Flats

Minneapolis,
MN
(2022)

Mixed-use

CDE(s): USBCDE

This investment will finance the construction of a 7,119 sq. ft., 9-unit multi-family corporate housing development designed to provide affordable live/workspace for professionals of color in the Camd […]

Historic Coliseum Building project

Minneapolis,
MN
(2023)

Business Development, Incubator, Targeted Populations

CDE(s): Mid-City Community CDE, Midwest Minnesota CDC, University Financial Corp.

The NMTC financed facility aims to help community members realize their dreams by lifting local BIPOC artists, while offering some permanent offices and several co-working spaces.

East Side Food Co-Op

Minneapolis,
MN
(2015)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Self-Help

The NMTC helped a food co-op expand and provide greater access to healthy food in a USDA food desert.

Five Square

Minneapolis,
MN
(2017)

Community, Historic Rehabilitation, Museums, Nonprofit Hub

CDE(s): University Financial Corp.

The three-story office building was originally built in 1889 and has been a seminary, a macaroni factory, a generator factory, and an office building. Redesign maintained leases with three nonprofit

The Historic Coliseum Building

Minneapolis,
MN
(2024)

Business Development, Historic Rehabilitation, Mixed-use and Commercial

CDE(s): Mid-City Community CDE, Midwest Minnesota CDC, University Financial Corp.

NMTC financing from MMCDC will help build a more equitable economic future for Minneapolis

Capri Theater

Minneapolis,
MN
(2019)

Community, Daycare and Early Childhood, Schools, Theaters and Performing Arts Spaces, Youth and Families, Youth Program

CDE(s): Midwest Minnesota CDC, University Financial Corp.

Public-private partnership yields an expanded theater for North Minneapolis

Minneapolis American Indian Center

Minneapolis,
MN
(2022)

Community, Healthcare

CDE(s): Midwest Minnesota CDC, Old National CDE Corporation, University Financial Corp.

NMTC financing for the renovation and expansion of the Minneapolis American Indian Center (MAIC), a nonprofit community center in the heart of the American Indian community of Minneapolis providing comprehensive

Catholic Charities of St. Paul and Minneapolis: Exodus 2.0 Project

Minneapolis,
MN
(2020)

Behavioral Health, Community, FQHCs, Healthcare, Historic Rehabilitation, Hospitals and Emergency Services, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food, Supportive Housing, Veterans Services

CDE(s): Corporation for Supportive Housing, University Financial Corp., USBCDE

Rehabilitation of a building for the development of a mixed-use project to include medical respite, transitional housing, healthcare, and social services for the homeless.