McMinnville Hampton Inn – New Markets Tax Credit Coalition

Featured:

McMinnville Hampton Inn (2020)

McMinnville, TN

NMTC Amount: $5,000,000

Est. Total Project Cost: $9,362,000

CDEs: Enhanced Community Development
Project Type(s): Business Development, Hotels and Tourism, Mixed-use and Commercial, Retail, Rural

COMMUNITY IMPACT

Enhanced partnered with Hunt Properties GP, a local, minority-owned developer, to develop a 74-room Hampton Inn hotel and a 20,000 SF retail center in the town of McMinnville, TN. To help support the rural community, Enhanced Capital provided financing for the project through a $5 million federal New Markets Tax Credit (NMTC) allocation.

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Address & Social Media

The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225