McLoughlin & Associates Community Development Financial Institutions/New Markets Tax Credits: New Tools for Counties.

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Presentation transcript:

McLoughlin & Associates Community Development Financial Institutions/New Markets Tax Credits: New Tools for Counties

Largest Award in State 2nd Largest on West Coast Only Award in Puget Sound Tax credits to investors Awarded to Kitsap County Consolidated Housing Authority for distribution Lower interest rates or equity for businesses moving to Bremerton. McLoughlin & Associates

Left Seattle for Downtown Bremerton “Software firm to be headquartered in newly renovated Medical‐Dental building at 5th and Pacific.” DIMENSION 4 NMTC financed a major renovation to help Dimension 4 bring 120 jobs downtown An incentive for business McLoughlin & Associates

NMTC program kept two small businesses in Bremerton Pacific Avenue Partners McLoughlin & Associates

Building a new green center with Kitsap County Consolidated Housing Authority assistance, KCR consolidated their Head Start, employment services, and administration in one location designed for their needs. Kitsap Community Resources McLoughlin & Associates

Marriott Fairfield Hotel McLoughlin & Associates

Island Hospital—Anacortes, WA McLoughlin & Associates

PO Box 624 Gig Harbor, WA McLoughlin & Associates

Novagradic NMTC Mapping McLoughlin & Associates Maps and Data Tables