New Markets Tax Credit Coalition

  • Chicago Heights,
  • IL
  • (2024)

Chicago Heights Steel

District: Robin Kelly (D-IL02)

A growing company expanded operations and created quality jobs in Chicago Heights, IL

Investment

  • NMTC Amount: $4,000,000
  • Total Project Cost: $4,000,000

IMPACT

  • 237 FTE jobs
  • 237 jobs retained

CDEs

,

Investor

Project Description

Working capital for inventory and payroll-related expenses for the company’s operations. the project retained 237 full-time employees, which are quality jobs accessible to low-income individuals. the project utilized federal and state credits.The loan fund structure provided access to the flexible features of the

MAP

Address: 221 East Main Street, Chicago Heights, IL 60411

Missing information? Submit an update or correction.

Other Illinois Projects

Erie Health Outreach Waukegan
  • Waukegan,
  • IL
  • (2014)
  • CDE(s): Enterprise Community Partners
Erie Family Health Center, Inc. renovated a former bank building to create a new 25,500-square-foot community health center in Waukegan, Ill.
Learn more..
McLaughlin Body Company
  • Rock Island,
  • IL
  • (2018)
  • CDE(s): Central States Development Partners
Financing for a metal fabrication company with a emphasis on the manufacturing of cabs used in the agriculture and construction industries.
Learn more..
Erie Family Health
  • Chicago,
  • IL
  • (2016)
  • CDE(s): Chicago Community Loan Fund
Erie Family Health Center, Inc. renovated a former bank building to create a new 25,500-square-foot community health center in Waukegan, Ill.
Learn more..
Safety Storage Inc.
  • Charleston,
  • IL
  • (2021)
  • CDE(s): Advantage Capital, Community Development Venture Capital Alliance

Safety Storage is a manufacturer of custom modular hazardous material storage and containment systems. The Company’s customers come from the agricultural industrial, military, and laboratory industries. The project provided the

Learn more..