New Markets Tax Credits Used to Develop Mixed-Use Project with Affordable Housing in New York

摘要

A New Markets tax credit (NMTC) investment played a key role in funding a mixed-use affordable housing project in New York City.rnAfter construction is completed, the Bradford will consist of 105 rental units on five floors atop 9,700 square feet of first-floor commercial space in a building on a blighted section of Fulton Street, the major commercial corridor in Bedford-Stuyvesant.