The NMTC has been a vital tool for rebuilding our communities. We used NMTCs to finance a grocery store in a food desert and were able to leverage that investment to also create affordable housing on the same site.
The NMTC has been a vital tool for rebuilding our communities. We used NMTCs to finance a grocery store in a food desert and were able to leverage that investment to also create affordable housing on the same site.
-Jacob Horner, PK Companies, Okemos, MI
Dreamtroit consists of the redevelopment of the former Lincoln Motor Company headquarters into a mixed-used, mixed-income historic redevelopment. The project aims to combat displacement of artists while delivering affordable residential
The Immaculata School is the rehabilitation of an innovative, foundational, and collaborative education facility serving K-5 and run by the Detroit Public School Community District (DPSCD). Rehab includes mechanical, electrical,
McClellan ECE involves the development of a new, 14,000 sq. ft. early childhood education (ECE) facility in Detroit, Michigan. The project will be utilized as a Head Start Facility for
The Ribbon is a direct output of Invest Detroit’s Strategic Neighborhood Fund (SNF) efforts in the East Warren Commercial Corridor. The Ribbon will help catalyze the neighborhood’s revitalization efforts, directly
Construction of a two-story 49,000 sq. ft. multi-purpose community hub includes an early childhood learning center, workforce development/ co‐working space, and a wellness center.
Capital Impact Partners provided loans totaling $8.4 million ($8.7 million NMTC allocation) for the renovation and expansion of an approximately 6,000 sq. ft. building into an approximately 23,300 sq. ft.