What does the New Markets Tax Credit mean to your community?
“I think the community is better for it. Obviously, the tax credits are a key piece.”
Finance rehab and construciton of historical hotel and parking garage for residential and commercial uses located in multiple condominium units. Extensive renovation of the former, historic Abraham Lincoln Hotel located in downtown Reading. The Lincoln Towers revitalization project is transforming the old hotel into a vibrant, mixed-use complex that contains 98 affordable-rate apartments, 10 retail spaces and an adjacent 310-spot parking garage.
Address: 100 North Fifth Street, Reading, PA 19601
Census Tract: 42011000100
Not-for-Profit office building acquisition and rehabilitation into a nonprofit office, healthcare and social service space. Includes the Reed Street Health Center and the Grays Ferry Childhood Education Center.
H&Mcare – a Black- and immigrant-owned home care support services business undertook a $13 million project that will provide critical services for the community, including housing to more than 22
