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

Dallas Development Fund provided $8 million in NMTC allocation to Pioneer Frozen Foods in June 2016 to support a new, state-of-the-art food manufacturing facility.

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.

Financing for an expansion of Tarrant Area Food Bank.
A $7 million federal NMTC financing to construct the first phase of the new Trinity Basin Prep charter school in Fort Worth, TX.