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Greensboro, NC (2021)

The Mill House

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

Investment

  • NMTC Amount: $18,500,000
  • Total Project Cost: $37,739,331

IMPACT

  • 250 FTE jobs
  • 225 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

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 NMTC allocation and an equity investment in the $6.1 million in federal Historic Tax Credits (HTC) generated by the preservation efforts.

MAP

Address: 2005 Yanceyville Street, Greensboro, NC 27407

Census Tract: 37081010300

Related Projects

Steelville, (2013)

Pittsfield, (2008)