New Markets Tax Credit Coalition
HAP is an anchor nonprofit in the Twin Cities, serving the immigrant and refugee communities for over 30 years. Annually, HAP serves 25,000 individuals in workforce development, economic development and other community wellbeing programs. Without NMTC through organizations such as Midwest Minnesota Community Development Corporation, HAP would not have been able to acquire and reconstruct our two workforce facility sites. These sites are integral to our workforce development training we provide to our communities. NMTC are essential to our communities, and even more so for nonprofits such as HAP who would otherwise have no other way to finance buildings and projects that are integral to improving lives of underserved communities. I and HAP urge for the NMTC program to be permanent.
This transaction will finance the acquisition of a renovated 32,000 sq. ft. building that will house educational and job training programs sponsored by Hmong American Partnership. Job training programs include an IT training program and a health care training program. Educational programs include a Montessori pre-K program and a charter school founded specifically to serve the Hmong community.
Address: 240 Plato Boulevard East, Saint Paul, MN 55107
Census Tract: 27123031300
Construction financing to build and manage the 48,852-square-foot Community and Government Services Facility. A fire destroyed the Bois Forte Band’s previous facility. This new energy-efficient building houses a credit union,
Midwest Minnesota CDC allocated $10M to assist with a portion of the $17.9M development, construction, equipment, and other project costs for a new health center in Naytahwaush on the White