New Markets Tax Credit Coalition

The Center for Nursing and Rehabilitation

The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by Mascoma's NMTC loan pool fund.

Investment

  • NMTC Amount: $1,394,000
  • Total Project Cost: $1,640,000

IMPACT

  • 5 FTE jobs
  • 60 construction jobs
  • 10,000 patients served

Investor

Project Description

The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by Mascoma’s NMTC loan pool fund.

MAP

Address: 21 Danforth Street, Hoosick Falls, NY 12090

Census Tract: 36083051702

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