F000450-3

Virginia Foxx (R-NC05)

Tax Staffer: Bryan McVae, bryan.mcvae@mail.house.gov.

District Highlights (Through 2023)

  • 11 projects
  • 149,085,000 in NMTC allocation
  • 476,964,519 total project financing
  • 2,602 FTE jobs created or retained
  • 3,295 construction jobs created
  • 3 manufacturing businesses

11

projects

$149,085,000

NMTC Allocation

$476,964,519

in total project financing

2,602

FTE jobs

3,295

construction jobs

3

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Intergenerational Center for Arts and Wellness (2022)

Winston-Salem, NC
NMTC financing for a multitenant social service center providing improved access to quality elder care, healthcare, early childhood education, arts, and other social services.

Second Harvest Food Bank of Northwest NC (2021)

Winston-Salem, NC
Urban Action Community Development deployed $6MM of its Round 17 NMTC Allocation for the new construction, FFE, and working capital needs of a food bank in Winston-Salem, NC.

Wexford Winston-Salem Bailey (2016)

Winston-Salem, NC
Historic renovation of mixed-used facility including biotech innovation space, offices, entertainment, and restaurant space.

Bailey Power Plant (2016)

Winston-Salem, NC
The adaptive re-use of a former RJ Reynolds tobacco facility that is being redeveloped by Wexford Science and Technology, LLC into an 110,815 sq ft mixed-use, LEED Silver certified historic

Spruce Pine Community Health Center (2014)

Spruce Pine, NC
The construction of a 30,000-square foot, stand-alone medical office building and ambulatory care center on the southeast corner of the Blue Ridge Regional Hospita campus located in Spruce Pine, North