New Markets Tax Credit Coalition

Method Home Products

In September 2014, CDF provided $13 million in NMTC financing to Method, the world's largest producer of environmentally-friendly cleaning products.

Investment

  • NMTC Amount: $29,990,000
  • Total Project Cost: $29,990,000

IMPACT

  • 90 FTE jobs
  • 114 construction jobs
  • 150,000 sq. ft. of real estate

Investor

Project Description

In September 2014, CDF provided $13 million in New Markets Tax Credit financing to Method, the world’s largest producer of environmentally-friendly cleaning products. CDF financing supported construction, equipment acquisition, and working capital expenditures associated with the development of the 150,000 sq. ft. manufacturing facility located at 720 E. 111th Street in the Pullman neighborhood. The facility, Method’s first in North America, houses both a third-party bottle supplier and a rooftop greenhouse operator, in addition to Method’s blending, filling, and packaging operations.

MAP

Address: 720 East 111th Street, Chicago, IL 60628

Census Tract: 17031500200

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