New Markets Tax Credit Coalition

Mario’s Northtown Market

Investment

  • NMTC Amount: $2,900,000
  • Total Project Cost: $8,482,000

IMPACT

  • 50 FTE jobs
  • 12 construction jobs
  • 15 jobs created and 35 jobs retained.
  • 5,105 sq. ft. of real estate

Investor

Project Description

Mario’s is a community grocer located in Las Vegas’ Historic Westside. For more than 20 years, Mario’s has operated out of its roughly 10K sq. ft. building at 1960 N. MLK where it provides a full meat counter with specialty cuts, fresh vegetables, kitchen staples, and a hot food counter offering local favorites. Mario was seeking working capital to purchase inventory for its new store.

MAP

Address: 1425 W Lake Mead Blvd, Las Vegas, NV 89106

Census Tract: 32003000302

Other Nevada Projects

Working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.
Financing to expand the hospital's existing emergency room facilities by adding 5,000-6,000 sq. ft. of space.
Power Gen Components is a precision machine fastener manufacturer. The project provided the Company with working capital to help maintain its workforce and benefits during the initial onset of COVID

Power Gen Components is a manufacturer of specialty nuts, bolts, and fasteners. The Company’s specialty products are used in the power generation and oil and gas production industries. This project