Below, find recent stories related to the New Markets Tax Credit.
USU-Moab is the construction of the 22,120 sq. ft. Academic Building; the first building to be constructed on the 40-acre new campus in the rural SE region of Utah.
Moab, UT
Citylink Center Expansion is a development within Cincinnati's West End neighborhood.
Cincinnati, OH
New construction of a 40,000 sq. ft. 1-story advanced warehouse facility with a 3-story 30,000 sq. ft. of office space for a minority-owned office and biomedical supply company.
Philadelphia, PA
Finance the rehabilitation, construction and development of the approximately 22,511 sq. ft. Community of Hope Family Health and Birth Center.
Washington, DC
Finances the renovation and expansion of a vacant 43,515-sq. ft., single-story office building on 4.31 acres, repurposed into a K-8 school.
Springfield, MA
Project to finance the development of Groundworks Collaborative’s new permanent campus in Brattleboro, VT.
Brattleboro, VT
- Related Project: Groundworks Collaborative
- CDEs: MHIC
- Categories: Community, Healthcare, Nonprofit Hub, Rural, Shelters and Community Food
This project is for a mixed-use building featuring an indoor farmer's market, mixed-income housing, and retail spaces targeted to independent local businesses.
Port Huron, MI
Financing for the repurpose of the historic Red Bird Mall in southern Dallas while focusing on community impact driven tenants.
Dallas, TX
A Flomaton-based peanut warehousing facility received $11.6 million in NMTC funds to consolidate ownership among its family farmer members.
Flomaton, AL
- Related Project: Escambia Peanut
- CDEs: United Bank of Alabama
- Categories: Business Development, Manufacturing
Financing for a multi-use facility that anchors Jones ValleyTeaching Farm and creates an inviting permanent infrastructure that will reach more students, teachers, and surrounding community members—locally, regionally, and nationally.
Birmingham, AL
Finances the acquisition of a new electronic health care system and provides working capital in connection with the expansion of operations of a mental health organization.
Big Spring, TX
- Related Project: West Texas Centers
- CDEs: USBCDE
- Categories: Community, Healthcare, Rural
Construction of a new 31,736 sq. ft. fully integrated primary and behavioral health center in partnership with Harborview Medical Center, a public safety net hospital.
Seattle, WA
This project was for a real estate loan for the grocery store.
Romulus, MI
The Makerhood Campus is a combination of historic renovation and new construction meant to encourage and support entrepreneurial endeavors and micromanufacturing enterprises.
Newark, NJ
A sprawling healthy living center coming to 79th Street aims to empower South Siders when it comes to their health.
Chicago, IL
- Related Project: Auburn Gresham Health Hub
- CDEs: Chase, Chicago Development Fund
- Categories: Community, FQHCs, Healthcare, Nonprofit Hub
Financing for a grocery store, replacing a vacant store
An NMTC investment from Cinnaire supported the development of a new, 100,000-square-foot building dedicated to financial technologies at the University of Delaware’s Science.
Newark, DE
An innovative project redeveloped a vacant 9-acre brownfield site into a sustainability campus which includes a biodigester, greenhouse space, community garden with a fresh produce stand and a visitor’s center with classrooms for STEM programs and community activities.
Chicago, IL
- Related Project: Green Era Sustainability Campus
- CDEs: Dudley Ventures, MBS Urban Initiatives, SCORE, USBCDE
- Categories: Business Development, Climate and Environment, College or Vocational Training, Community, Daycare or Early Childhood, Energy, Grocery and Fresh Food, Incubator, Infrastructure, Mixed-use and Commercial, Retail, Vocational Training, Youth and Family Services
NMTC financing turns abandoned building into a hub for entrepreneurship and opportunity
Indianapolis, IN
A $10.3M renovation of the 107-year-old former school.
Erie, PA