Stadler Rail constructed a new 226,000 square foot, state-of-the-art manufacturing facility for light rail passenger cars in Salt Lake City where they built and assemble trains for transit properties throughout the US (the “Project”). The Project allows the Sponsor to create quality jobs, an apprenticeship training program, develop infrastructure, and have a substantial economic impact on the severely distressed community. The initial phase began in 2018 with the construction of new roads, utilities, a test track, and a manufacturing plant and office building. Additional expansions includes the construction of a warehouse and assembly halls and welding and fabrication facilities to support the operations.