New Markets Tax Credit Coalition

Village on Rivoli

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $7,200,000

IMPACT

  • 31 construction jobs

Investor

Project Description

Housing Project in Dayton’s Bluff neighborhood. Dayton’s Bluff Neighborhood Housing Services. A $7 million allocation will enable infrastructure on 32 lots and will rehab and construct 15 homes with 80% reserved for low-income buyers.

MAP

Address: 660 North Rivoli Street, Saint Paul, MN 55130

Census Tract: 27123033000

Other Minnesota Projects

A new 65,900 sq. ft. facility will be constructed at the 1.79 acre site, featuring 28 classrooms, 3 flex rooms, 13 pullout spaces for small group learning, music, art, media
The Wycliff’s project goals were strongly geared toward providing for small businesses and growing jobs, bringing over 500 permanent jobs to the Midway community. Evenwhile the 2020 COVID19 pandemic brought
UEL provides wet labs, office space, and innovation/collaboration spaces, and expanding their current facility.
NMTC financing supported the new Midway YMCA building.