New Markets Tax Credit Coalition

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Beloit Powerhouse

The building a uniquely integrated student union, recreation center, and athletic facility that benefits generations of college students and the greater community.

Investment

  • NMTC Amount: $14,310,000
  • Total Project Cost: $45,653,243

IMPACT

  • 25 FTE jobs
  • 470 construction jobs

Investor

Project Description

The project is building a uniquely integrated student union, recreation center, and athletic facility that benefits generations of college students and the greater community.

MAP

Address: 850 Pleasant Street, Beloit, WI 53511

Census Tract: 55105001500

Other Wisconsin Projects

An investment helped the Lac du Flambeau Band of Lake Superior Chippewa Indians to construct a center that meets the dental care needs of band members and other regional residents.
Working capital and tenant improvements for Jonco industries related to its expansion into the former Eaton building.
Acquisition, construction, and leasing of two industrial buildings encompassing a site of approximately 170,000 square feet on Rogers Street in a highly distressed area of West Allis, WI.
NMTC financing supported a new 90,000 sq. ft. facility located in a severely distressed, non-metro, low income community.