Greensboro, NC (2021)

The Mill House

Investment

NMTC Amount: 18,500,000

Total Project Cost: 37,739,331

IMPACT

250 FTE jobs

225 construction jobs

NMTC financing for the Mill House, the final phase of the historic Revolution Mill Complex revitalization in Greensboro, North Carolina.

Project Description

The National Trust Community Investment Corporation (NTCIC) is proud to announce the successful financial closing of the Mill House, the final phase of the historic Revolution Mill Complex revitalization in Greensboro, North Carolina. The $37.7 million revitalization effort, led by Self-Help Ventures, will create affordable commercial spaces for growing local businesses, a business incubation program, and mixed-income housing options for the neighborhood. NTCIC provided $5 million in New Markets Tax Credit (NMTC) allocation and an equity investment in the $6.1 million in federal Historic Tax Credits (HTC) generated by the preservation efforts.

MAP

2005 Yanceyville Street, Greensboro, NC 27407

Video

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