US Coast Guard Research and Development Center

New Markets Tax Credit Coalition

New London,
CT
(2007)

US Coast Guard Research and Development Center

Business Development

NMTC financing supported construction of the Research and Development Center

Investment

NMTC Amount: $8,000,000
Total Project Cost: $16,770,329

IMPACT

81 FTE jobs
83 construction jobs
90,000 sq. ft. of real estate

CDEs

Sovereign CDC

Investor

Unknown

Project Description

NMTC financing supported construction of the Research and Development Center (RDC), located in New London, Conn. is the Coast Guard’s primary facility performing research, development, and test and evaluation in support of the service’s major missions. The RDC is responsible for evaluating the feasibility and affordability of mission execution solutions and providing operational and risk-management analysis at all stages of the acquisition process.

MAP

Address: 1 Chelsea Street, New London, CT 6320

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