New Markets Tax Credit Coalition

Search

Sadler Building

A center for nonprofits in a Anchorage neighborhood in transition from distress and decay to new life as the City's Arts and Cultural District.

Investment

  • NMTC Amount: $5,061,506
  • Total Project Cost: $8,694,457

IMPACT

  • 65 FTE jobs
  • 25 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

The Mountain View neighborhood in Anchorage is a neighborhood in transition from distress and decay to new life as the City’s Arts and Cultural District. The renovated Sadler building serves as an which provides recreational and afterschool programs for under-privileged youth.

MAP

Address: 161 Klevin Street, Anchorage, AK 99508

Census Tract: 2020000600

PDF Profile

Other Alaska Projects

A new 14,340 sq. ft. facility serves the elders of a 12-village Northwest Arctic region, an area the size of Ohio, and provides them with a high level of medical
The new Yukon-Koyukuk Elder Assisted Living Facility received substantial economic through NMTC financing.
Construction and permanent financing for a seafood processing plant located in Platinum, Alaska
The NMTC financed the opening of the crisis center at 755 A Street, Anchorage, Alaska.