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

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Presentation on theme: "McLoughlin & Associates Community Development Financial Institutions/New Markets Tax Credits: New Tools for Counties."— Presentation transcript:

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

2 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

3 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

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

5 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

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7 Marriott Fairfield Hotel McLoughlin & Associates

8 Island Hospital—Anacortes, WA McLoughlin & Associates

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19 PO Box 624 Gig Harbor, WA 360.710.7788 normmcloughlin@gmail.com www.normmcloughlin.com McLoughlin & Associates

20 Novagradic NMTC Mapping McLoughlin & Associates Maps and Data Tables


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