Beloit Powerhouse

New Markets Tax Credit Coalition

Beloit,
WI
(2018)

Beloit Powerhouse

Community, Daycare and Early Childhood, Mixed-use, Recreation, Shelters and Community Food, Youth and Families

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

CDEs

BMO Harris, Brownfield Revitalization, Chase

Investor

Chase

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

Greater Fox Cities Area Habitat for Humanity

Appleton,
WI
(2016)

Affordable Housing, Community, Habitat for Humanity, Housing

CDE(s): Habitat for Humanity

Greater Fox Cities Habitat for Humanity is an innovative leader in diverse housing solutions by empowering families and inspiring community-wide action to break the cycle of poverty. The NMTC helped

Bureau of Milwaukee Child Welfare

Milwaukee,
WI
(2013)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): BMO Harris, Chase

High poverty and low development have historically plagued the area surrounding the intersection of 27th Street and Wisconsin Avenue in Milwaukee.

SuperSteel

Milwaukee,
WI
(2013)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): First-Ring Industrial Redevelopment Enterprise

NMTC financing supported the SuperSteel project.

St. Ann Center for Intergenerational Care

Milwaukee,
WI
(2014)

Community, Daycare and Early Childhood, Healthcare, Youth and Families

CDE(s): Forward Community Investments, IFF, PNC

Milwaukee's St. Ann's Center for Intergenerational Care is copying its successful south side facility with a second location on the north side, where the rates of poverty and infant mortality