Universal Stainless

Finacning for a new mid-size bar cell capital project at its Dunkirk, NY facility.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,000,000

IMPACT

  • 75 FTE jobs

CDEs

Investor

Project Description

In March 2018, the Company entered into a financing transaction with an outside bank and community development agency related to the new mid-size bar cell capital project at its Dunkirk, NY facility. The Company financed a portion of this $10.0 million capitalized project via the New Markets Tax Credit program, enabling it to benefit from low cost financing.

MAP

Address: 830 Brigham Road, Dunkirk, NY 14048

Census Tract: 36013035600

Other New York Projects

Construction of a healthcare facility that serves clients who suffer from mental illness, substance abuse, chronic homelessness and other hardships. The project allowed the organization to expand its 9,300 sq.

NMTC delivers key element in Ithaca’s ongoing downtown revitalization.
StreetSquash is an innovative and successful urban youth enrichment program founded in 1999.

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community