New Markets Tax Credit Coalition

  • Norwood,
  • MO
  • (2019)

Norwood Real Estate Company

District: Jason Smith (R-MO08)

The NMTC financed the acquisition and development of a new warehouse for Norwood Real Estate, an operating company for manufacturing detainment houses and complexes for jails and prison systems, as well as disaster relief "mobile cities".

Investment

  • NMTC Amount: $2,000,000
  • Total Project Cost: $2,000,000

IMPACT

  • 42 FTE jobs
  • 25 construction jobs

CDEs

Investor

Project Description

The NMTC-financed the acquisition and development of a new warehouse for Norwood Real Estate, an operating company for manufacturing detainment houses and complexes for jails and prison systems, as well as disaster relief “mobile cities”.

The project created 42 full-time jobs and 25 construction jobs.

MAP

Address: 24794 County Road C-228, Norwood, MO 65717

Census Tract: 29229490300

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