Phillips Wharf Environmental Center

Purchase of an oyster aquaculture business by a nonprofit to form an oyster farming apprenticeship program.

Investment

  • NMTC Amount: $550,000
  • Total Project Cost: $558,556

IMPACT

  • 10 FTE jobs

Investor

Project Description

Purchase of an oyster aquaculture business by a nonprofit to form an oyster farming apprenticeship program.

MAP

Address: 6129 Tilghman Island Road, Tilghman, MD 21671

Census Tract: 24041960800

Other Maryland Projects

Habitat For Humanity Metro Maryland utilized NMTC funding to develop 27 high quality affordable homeownership opportunities as part of the innovative Randolph Road project, a 195-unit rental and for-sale housing

VFC purchased a property located at 31440 Winterplace Parkway in Salisbury, MD for the purpose of expanding their mechanic training center, which assists people exiting the prison system in receiving

Redevelopment of the 86,000 square foot blighted complex (that includes 6 buildings) in East Baltimore’s Middle East neighborhood, which had been vacant since 1981 and was in a state of
Rehabilitation of a former dance club into nonprofit office space for 2 organizations focused on youth education.