New Markets Tax Credit Coalition

  • Austin,
  • TX
  • (2020)

5100 Springdale

District: Greg Casar (D-TX35)

NMTC financing was used to construct a medical facility for a small operator based in Austin, TX.

Investment

  • NMTC Amount: $1,500,000
  • Total Project Cost: $7,264,245

IMPACT

  • 38 FTE jobs
  • 23 construction jobs

CDEs

Investor

Project Description

NMTC financing was used to construct a medical facility for a small operator based in Austin, TX. Upon completion, the project will offer full medical services to residents of the low-income community which is which lacks immediate access to healthcare.

MAP

Address: 5100 Springdale Road, Austin, TX 78723

Census Tract: 48453002107

Missing information? Submit an update or correction.

Other Texas Projects

Vecino Health Services
  • Houston,
  • TX
  • (2018)
  • CDE(s): Capital One, MBS Urban Initiatives
The project supports the partial renovation and expansion of the two existing clinics owned by Vecino.
Learn more..
Avenue Community Development Corporation
  • Houston,
  • TX
  • (2022)
  • CDE(s): Community Housing Capital

$5 million allocation will create approximately 18 homes for low-income buyers with median incomes averaging $36,000 per year. These buyers will receive pre-purchase financial counseling, homebuyer education, and ongoing support.

Learn more..
Reliant Worldwide Plastics
  • Gainesville,
  • (2006)
  • CDE(s): Lone Star New Markets

NMTC financing to support a manufacturer of plastics through plastic injection molding. Established in 1968, Reliant Worldwide Plastics is a leader in injection molded plastics, specializing in conversions from Metal-to-Plastics.

Learn more..
POST Houston
  • Houston,
  • TX
  • (2019)
  • CDE(s): MBS Urban Initiatives, PeopleFund NMTC
Financing for the POST Houston revitalization in downtown Houston, Texas.
Learn more..