New Markets Tax Credit Coalition

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5100 Springdale

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

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

Other Texas Projects

NMTC financing was utilized to support the purchase and installation of equipment and construction of an industrial facility in Seguin, TX.
Construction and permanent financing for a 37,100 square foot medical clinic and office building
Acquisition, assembly and installation of certain glass manufacturing equipment
The expansion of the facility allowed the food bank to distribute an additional 36 million pounds of food, which is the equivalent of an additional 30 million meals for hungry