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ROMULUS, MI ()

Optimum Modular

NMTC financing supported a company that produces standardized modules for apartment buildings.

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $22,465,745

IMPACT

  • 160 FTE jobs
  • 60 construction jobs
  • Supports 350+ units of "workforce housing" within the first two years
  • 105,000 sq. ft. of real estate

Investor

Project Description

NMTC financing supported a company that produces standardized modules (“lego blocks”) of an apartment building in an off-site factory that then connects those lego blocks at a final destination.

MAP

Address: 16490 Wahrman Road, ROMULUS, MI 48174

Census Tract:

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