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336-749-3840
New Markets Tax Credit Allocation Recipient
Home of the Innocents
Project Name:
The Home of the Innocents’ Children’s Village, Phase II
Louisville, KY
Description
Completed construction of five new buildings
of project:
that expanded capacity and services offered
to medically fragile children as well as children who
have been abused, abandoned or neglected, and
children with Autism.
Total Project Cost:
$41,661,000
NMTC Investment:
$ 7,421,985
NMTC Structure:
Leveraged model
Developers:
The Home of the Innocents, Inc.
Community
Expand existing facility by 145,000 sq. ft.
Impacts:
Creates 150 new jobs, adding $5,000,000 annually to
local wage base.