New Markets Tax Credits (NMTC) enabled Sherwood Forest, a youth development organization serving young people from economically distressed families and communities in the St. Louis metropolitan region, to expand our resident camp facilities located in Reynolds County, Missouri. This facility expansion allows Sherwood Forest to serve more children during the summer and in the school year. Construction took place in an economically distressed rural area of the State of Missouri. Without NMTC, the scope of this project would have been greatly reduced. The positive impact to those we serve from St. Louis and to our community in rural Missouri will be felt for a long time to come. I strongly encourage the bi-partisan support for the renewal of the New Markets Tax Credit Extension Act (H.R. 1680 and S. 750) so that other communities will benefit in years to come.
Finances the rehabilitation of a 278,000-square-foot building. Partnered with HOK, our intentions focus on restoring the characteristics of the neighborhood through activating the streets and spaces with the new Transit-Oriented ... Read More
The Project provides for the purchase and repurposing of a former car wash into a truck maintenance and servicing center. The borrower intends to store commercial trucks on site and ... Read More
The Project involves financing the purchase and rehabilitation of a former firehouse. The building will be used as the office space for the borrower's engineering firm, Interpres Building Solutions. The ... Read More
St. Louis’s economic development arm has committed $5 million in federal new markets tax credits to assist a new manufacturer that makes railroad ties out of recycled plastic ... Read More
NMTC financing supported the 150,000 SF expansion of a manufacturing facility and storage facility, as well as equipment purchases for additional assembly line and product storage. The project is needed ... Read More
Renovation of a center of creative arts that provides programming to engage, develop and educate people of all ability levels and backgrounds. This center services more than 50,000 people each ... Read More
Duncan Biotech Center (the “Project”) is the substantial rehabilitation of The Post-Dispatch Rotogravure Building (also known as the Crescent Parts Building) (the “Building”) which is a 4-story building located in ... Read More
The project includes the construction of a new 28,300 sf early child education center for Emmanuel Family & Child Development Center (EFCDC) adjacent to its prior location in Kansas City, ... Read More
High tech research has found a home at the Roy Blunt Jordan Valley Innovation Center (JVIC). This former MFA milling facility has been transformed into a seven-story state-of-the-art research facility ... Read More
Guardian Angel Settlement Association (GASA) requested these funds to support the development of a new Social Services Center at 3300 South Jefferson in the Benton Park neighborhood. The total project ... Read More
The project consist of building a dining hall, learning center, cabin for staff, washhouse for campers, dam repairs, and an upgrade to the health lodge. Sherwood Forest is an independent, ... Read More
In 2016, using a $4M allocation from St. Louis Development Corporation (CDE), SLCCU opened a new branch on Union and a Wealth Accumulation Center on Gravois, allowing it to serve ... Read More
4220 Duncan, a 180,000 sq. ft. mixed-use development in St. Louis, MO, bringing 300 new jobs and innovation to the former Custom Steel processing plant site. This $53 million LEED ... Read More
The renovation of a 110,000 square foot building, which includes 75,000 square feet for a KIPP High School high school, 25,000 square feet for KIPP St. Louis (KSL) regional offices, ... Read More
Description The Marquette Tech District project involved the adaptive-reuse of two historical buildings that were renovated into a tech-powered business incubation center and a Marriott Courtyard hotel in Cape Girardeau, ... Read More
