Russ Davis, Jr., Principal, Homes Urban
“100 Prince was an opportunity for our team to bring affordable housing, grocery and local retail to an urban food desert which suffers from high rents and had not seen multi-family residential construction in over ten years. The project financing was complex, and without the New Markets Tax Credit subsidy, this project wouldn’t have gotten […]
Ann Williams, Executive Director of the Coahoma Collective
Travelers will be more than a hotel – this is a space designed to support local artists and cultural traditions through year-round exhibitions, performances and events.
Rep. Terry Sewell (D-AL)
“I am delighted to see the increased investment in the GMI Selma operation. The New Markets Tax Credit enhances the economic opportunity for many families and businesses in the area. The product from GMI also supports U.S.-based manufacturing for critical strategic materials which feed our nation’s supply chain for semi-conductors, solar energy products, military energy […]
Wilkes-Barre Mayor Tom Leighton on the Coal Street NMTC project
“The renovation…is a great example of how municipalities like WilkesBarre, working in cooperation with county, state, and federal levels of government and the private sector can provide outstanding offerings for their residents.”
Nick Mitchell-Bennett, Executive Director of CDCB on their NMTC project
“The need is immense. The lack of affordable housing means the region can’t build them fast enough, and what is built fills up quickly. At the same time, without subsidies, many people here can’t afford what is built.”
Ches Jackson, president of Monogram Supply Chain on their NMTC-financed expansion
“Monogram Foods is excited to be expanding production and adding jobs in Martinsville. We have an excellent workforce with a dedication to consistently high quality products, safety and efficiency.”