Featured:

Open Avenues

Rogers, AR (2011)

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters in Rogers.

COMMUNITY IMPACT
  • 12 FTE jobs
  • 33 construction jobs
FINANCING SOURCES
  • NMTC amount: $6,370,000
  • Total Project Costs: $6,647,494
  • CDE:
PROJECT LOCATION

2202 North 24th Street

Rogers, AR 72756

Project Description

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters in Rogers. The new building serves as the headquarters as well as the life skills facility for Open Avenues. Aiming to provide opportunities for a more fulfilling life for its participants, Open Avenues offers instruction in daily living skills, employment skills training, and offers job placement services to their clients. By utilizing the New Market Tax Credit Program, Open Avenues was able to expand to a larger facility providing a better service to their participants.

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