TRF New MarketsTax Credit Investments in Baltimore

submitted by New Markets Tax Credit Coalition on 12/04/13 1

The Reinvestment Fund (TRF) is financing two major education projects in Baltimore -- the Maryland Institute College of Art's (MICA) Studio Center and Elmer A. Henderson: A Johns Hopkins Partnership School (Henderson-Hopkins). Both projects signal new momentum in challenged neighborhoods. TRF provided New Markets Tax Credits totaling over $20 million for both projects, which will bring over 200 jobs and serve over 700 students. "These projects are symbolic of TRF's long-term commitment to Baltimore," explained Don Hinkle-Brown, TRF's President and CEO. "In the past 5 years, we have invested $50 million in these neighborhoods through our lending and real estate development efforts. The MICA Studio Center and the Henderson-Hopkins school are more than just catalysts for economic development -- they are investments in creating world-class educational opportunities and building vibrant communities in Baltimore."

Leave a comment

Be the first to comment

Email
Message
×
Embed video on a website or blog
Width
px
Height
px
×
Join Huzzaz
Start collecting all your favorite videos
×
Log in
Join Huzzaz

facebook login
×
Retrieve username and password
Name
Enter your email address to retrieve your username and password
(Check your spam folder if you don't find it in your inbox)

×