New Markets Tax Credit Coalition

  • Martinsville,
  • IL
  • (2021)

Rowe Foundry Rehab

District: Mike Bost (R-IL12)

Investment

  • NMTC Amount: $9,100,000
  • Total Project Cost: $14,502,858

IMPACT

  • 75 FTE jobs
  • 46 construction jobs
  • 123,316 sq. ft. of real estate

CDEs

Investor

Project Description

Finances the rehabilitation and modernization of a 121,316 sq. ft. metal casting foundry.

MAP

Address: 147 West Cumberland Street, Martinsville, IL 62442

Census Tract: 17023060300

Missing information? Submit an update or correction.

Other Illinois Projects

HALO Branded Solutions – Phase II
  • Sterling,
  • IL
  • (2019)
  • CDE(s): Central States Development Partners, FirstPathway Community Development, SCORE
Construction of a new 276,315-square-foot warehouse building in Sterling, IL.
Learn more..
Parr Instrument
  • Moline,
  • IL
  • (2024)
  • CDE(s): Central Bank of Kansas City, FirstPathway Community Development
Parr Instrument Company Expands for the First Time in 30 years Increasing Production Capacity in Severely Distressed Community in Moline, IL.
Learn more..
Covenant House Illinois
  • Chicago,
  • IL
  • (2021)
  • CDE(s): Chicago Development Fund
Funding for the acquisition and renovation of a 3-story building located at 2934 West Lake Street in East Garfield Park for a nonprofit service provider.
Learn more..
Chicago Heights Steel
  • Chicago Heights,
  • IL
  • (2024)
  • CDE(s): SCORE, The Community Business Investment Fund
A growing company expanded operations and created quality jobs in Chicago Heights, IL
Learn more..