The MET Development 2

Lexington,
KY
(2020)

The MET Development 2

Community, FQHCs, Grocery and Fresh Food, Healthcare, Mixed-use, Retail, Retail and Commercial

Financing for a much-needed medical clinic and grocery store.

Investment

NMTC Amount: $20,335,000
Total Project Cost: $26,415,781

IMPACT

5 FTE jobs
75 construction jobs
Project includes a Federally Qualified Health Center.

CDEs

Community Hospitality Healthcare Services, USBCDE

Investor

US Bank

Project Description

Second phase of construction of mixed-use property which currently contains market rate & subsidized apartments. A medical clinic is in the works as well as grocery store.

MAP

Address: 576 East Third Street, Lexington, KY 40508

Census Tract: 21067000101

Other Kentucky Projects

Nemak Kentucky

Glasgow,
KY
(2022)

Auto Manufacturing, Business Development, Energy, Manufacturing, Rural, Tech Manufacturing

CDE(s): AMCREF Community Capital

NMTC financing supported facility upgrades of Nemak's Kentucky electric vehicle manufacturing plant.

Berea College Lock 12

Berea,
KY
(2020)

Adult Education, College or Vocational Training, Community, Rural, Vocational Training

CDE(s): Community Ventures, Midwest Renewable Capital

Berea College deciding to offer more scholarships decided to add onto Lock 12 (dam) to create and sell their electricity. By doing so, there is a $2,000,000 annual savings to

Ferguson Computers

Shepherdsville,
KY
(2022)

Business Development, Professional Services, Retail and Commercial, Science and Tech

CDE(s): WesBanco

NMTC financing helped a small business purpose its building.

C & S Machine & Manufacturing Corporation

Louisville,
KY
(2020)

Business Development, Manufacturing

CDE(s): WesBanco

Funding for the purchase and installation of new equipment to serve a new client in a growing business.