New Markets Tax Credit Coalition

Albemarle Hosiery Mill Rehab

NMTC financing helped create a mixed-use project inside a former Albemarle hosiery mill.

Investment

  • NMTC Amount: $3,252,848
  • Total Project Cost: $5,867,322

IMPACT

  • 20 FTE jobs
  • 46 construction jobs
  • 532 patients served
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

Mixed-use: Office/Residential/Health: NMTC financing helped create a mixed-use project inside a former Albemarle hosiery mill.

MAP

Address: 335 East Main Street, Albemarle, 28001

Census Tract: 37167931201

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