Children’s Institute Otis Booth Campus
New Markets Tax Credits helped finance the new Otis Booth Campus, a community facility in Los Angeles.
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NMTC 2013 Progress Report Provides Evidence on Effectiveness of the Credit as a Tool for Driving Capital to Areas of Economic Distress
A report issued today by a coalition of community development organizations and financial institutions details how the New Markets Tax Credit (NMTC) transformed private sector capital into patient, flexible capital for credit-starved businesses in low income communities across the country during the previous year.
Twin Cities Entrepreneurs Realize Their Vision
The Payans moved to Minnesota from Chicago in 1993, and they soon noticed there were no fresh tortillas in Minneapolis. With a growing Latino community in the Twin Cities, they saw a need and decided to open up their own tortilla factory.
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CAP Services Loan to Vibracon Plus
Sister and brother partners, Tammy Remter and Ray Buman decided to combine their expertise and open their own business in the summer of 2009. Identifying the commercial need to reduce energy use, they began offering Ultrasonic Leak Detection along with other energy saving audits to medium/large sized businesses throughout the Fox Valley. Vibracon Plus, LLC,
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New Housing Report from Bipartisan Policy Center
Last week, the Bipartisan Policy Center released a new report with recommendations on federal housing finance policy.
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NMTC Investment Creates 350+ Manufacturing Jobs In Hard Hit Wisconsin Town
The project entails the expansion of a major Superior area employer—Exodus Machines, Inc. Exodus Machines produces wheeled material handlers for the scrap and recycling industry. Exodus began operations in 2008 and was funded with equity from an ownership group and financing which included New Markets Tax Credits through a transaction Impact Seven brokered.
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Emerging Green Industry Company Expands Facility
The Northwest Side Community Development Corporation (NWSCDC) will use CED funding to expand a new, emerging green industry company known as Helios Solar Works in Milwaukee, Wisconsin. NWSCDC will assist Helios Solar works with capital equipment purchases and working capital to facilitate its rapid growth as the company expands its production line and establishes additional shifts to meet new orders from solar panel installations in the United States and Europe.
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SBA Program Helps Grow Family-Owned Tourism Business
Nestled on 60 acres of pristine forest land, with nearby access to spectacular Lake Superior and the beautiful Porcupine Mountains State Park, sits Sunshine Motel. This family-owned and operated business found its way into the hearts of Bruce and Kay Perkins in 2010.
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New Report on NMTC
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