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Illinois

Map of Selected Projects in Illinois

Community Testimonials

NMTC’s provide capital to assist in funding the development and expansion of businesses that then expand employment and the financial well being of communities.

-Dirk Meminger, Board Member, Bridge Investments, Rock Island, Illinois

Selected Projects in Illinois

Senator Durbin Visits Center @501

Senator Durbin (D-IL) was on hand for a ribbon-cutting at Center @501 June 28th. The project, a partnership among the Economic Growth Corporation of Rock Island, Greater Springfield Chamber of Commerce and The Springfield Project affordable housing program, took several years to come together. It was funded through a combination of historic tax credits, new market tax credits, state donation tax credits, $985,000 in tax increment financing from the city of Springfield and taking on about $4.4 million in borrowing. “I’ve been doing this for about 20 years, and this is probably one of the toughest ones I’ve done,”