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Pahrump, NV (2020)

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NMTC financing was used to construct and equip a commercial car wash facility in rural Nevada.

Investment

  • NMTC Amount: $2,000,000
  • Total Project Cost: $3,200,000

IMPACT

  • 11 FTE jobs
  • 9 construction jobs

CDEs

Investor

Project Description

NMTC financing was used to construct and equip a commercial car wash facility in rural Nevada. The NMTC subsidy was critical in enabling the project to move forward due to the low value and specialty nature of the real estate, which would not have been able to utilize conventional financing to come to fruition.

MAP

Address: 420 South NV-160, Pahrump, NV 89048

Census Tract: 32023960401

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