For Investors
A catalytic investment in community resilience.
The New Markets Tax Credit Opportunity
The cornerstone of our financing strategy is the federal New Markets Tax Credit (NMTC) program. This powerful tool is designed to incentivize private investment in distressed communities like ours (Census Tract 5332).
We are working in partnership with Invest Detroit, a premier Community Development Entity (CDE) with a proven track record (over $70 million in allocations) of deploying NMTCs to drive revitalization.
High Distress
Located in a highly distressed census tract (Poverty rate > 30%), ensuring high priority for allocation.
Sustainable Model
Projected 7-year pro forma shows lease revenue covering debt service with annual surplus.
Strong Leverage
Every $1 of federal investment generates over $8 in private investment impact.
Project Financials
Total Project Cost: ~$18.5M
Hard Construction Costs$15,000,000
Soft Costs (A&E, Legal)$2,000,000
Financing & Reserves$1,500,000
Capital Stack
Senior Debt$7,500,000
NMTC Equity$4,000,000
MCRP Grant/Loan (MEDC)$1,500,000
Capital Campaign & Equity$2,500,000