New Markets Tax Credit Coalition

  • Lexington,
  • KY
  • (2020)

The MET Development 2

District: Andy Barr (R-KY06)

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

,

Investor

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.

External Profile

MAP

Address: 576 East Third Street, Lexington, KY 40508

Census Tract: 21067000101

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