New Markets Tax Credit Coalition

Neighborhood House

New construction of a 57,000 child care and adult day care facility on a 5.5 acre parcel in west Salt Lake City.

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $17,535,472

IMPACT

  • 81 FTE jobs
  • 180 construction jobs
  • 100 additional families served

Investor

Voices from the Community

The New Market Tax Credits helped us enormously to meet the growth needs our hardworking, low-income population, with affordable and quality day care for children and adults.

-Jennifer Nuttall, Neighborhood House, Salt Lake City, Utah

Project Description

New construction of a 57,000 child care and adult day care facility on a 5.5 acre parcel in west Salt Lake City. The new building will replace a nearly 60 year old school and 45 year old adult day care building with one, multi-winged building which serves additional clients, more intergenerational activities and serve 100 additional families..

MAP

Address: 1050 West 500 South, Salt Lake City, UT 84104

Census Tract: 49035102600

Other Utah Projects

The historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900.
New construction of a 57,000 child care and adult day care facility on a 5.5 acre parcel in west Salt Lake City.
NMTC supports new facility for nonprofit training people with disabilities and special needs for meaningful employment.
Community Development Finance Alliance recently provided a $10M NMTC allocation to fill a $2.25M funding gap for the new construction of a 68,900 square-foot community recreation center