New Markets Tax Credit Coalition

Search

Renewal House

Financing for a new facility for Renewal House, a long-term comprehensive addiction treatment center for both women and children in Nashville, TN.

Investment

  • NMTC Amount: $9,000,000
  • Total Project Cost: $9,156,250

IMPACT

  • 35 FTE jobs
  • 155 construction jobs
  • 30,000 sq. ft. of real estate

Investor

Project Description

Renewal House is a long-term comprehensive addiction treatment center for both women and children in Nashville, TN. This expansion includes the new construction of a 30,000 sq. ft., 3-story building that will provide homes to 34 residential program families which will double the program’s current facility. In addition, the new facility will include space for treatment services and administrative staff offices.

MAP

Address: 3600 Clarksville Pike, Nashville, TN 37218

Census Tract: 47037012801

Other Tennessee Projects

McNeilus Steel Inc. will utilize NMTC allocation to finance equipment and working capital for a steel processing and distribution facility located in Morrison, TN.

Goodwill Excel Center Midsouth (the “Excel Center”), located in Memphis, Tennessee, is a contract adult high school operating in partnership with Shelby County Schools (“SCS”). The Excel Center opened its

Renovation and construction of a new facility establishes community resource hub and increases service capacity to Whitehaven residents

This project was for a 54,000 sq. ft. grocery store in Winchester, TN. Store includes a bakery/deli, a 500 sq. ft. pharmacy, Starbucks and a Bank. K-VA-T also purchased an