Map of Selected Projects in Illinois

Community Testimonials

Our Chicago Land-marked building provides affordable space to 20+ non-profit tenants who serve over 1,000 low-income individuals weekly. NMTC will enable us to restore our vintage building and increase its energy efficiency for years to come in assuring our community’s diversity.

-Ted Wysocki, CEO, Institute of Cultural Affairs, Chicago, 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,”