Optimum Modular

New Markets Tax Credit Coalition

ROMULUS,
MI

Optimum Modular

Manufacturing

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

CDEs

FirstPathway Community Development, Grow America

Investor

Flagstar Bank

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

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