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336-749-3840
New Markets Tax Credit Allocation Recipient
Quadrant Technology Corporation
Project Name:
Quadrant Technology Corporation
Louisville, KY
Description
Purchase and renovation of historic property
of project:
(old firehouse) to serve as headquarters and light
manufacturing space
Total Project Cost:
$1,604,715
NMTC Investment:
$1,054,000
NMTC Structure:
Subsidized Interest Rate Model
Developers:
Quadrant Technology Corporation
Community
Complete renovation of historic property, 10,000 sq. ft.
Impacts:
Allowed for consolidation of facilities from lwo
locations, in two different states, into a downtown
location
Created 15 new jobs, adding $750,000 annually to
local wage base