New Markets Tax Credit Allocation Recipient Fairfield Inn and Suites / Springhill Suites Project Name: Fairfield Inn & Suites / Springhill Suites Louisville, KY Description Purchase and renovation of The Inn at Jewish,  of project: and building an adjacent second hotel, adding a total of 237 new rooms. Total Project Cost: $47,450,000 NMTC Investment: $13,635,974 NMTC Structure: Leveraged model Developers: Louisville Jefferson Partners, LLC; Louisville, KY Community Upgraded existing hotel and added 39 new rooms, Impacts: and build an additional adjacent hotel with 198 rooms, for a total of 195,000 square feet Created 46 new permanent jobs, adding $1,150,000 annually to local wage base