The Innovate Fund Deploys $8MM of New Markets Tax Credits Allocation to Anchor “The Industrial Commons” and Revitalize Western North Carolina Manufacturing
MORGANTON, N.C. (Dec. 22, 2025) — The Innovate Fund (TIF), a certified Community Development Entity (CDE) dedicated to economic transformation, is proud to announce an $8,000,000 New Markets Tax Credit (NMTC) investment in The Industrial Commons (TIC). This transformative project will catalyze the rebirth of the textile and furniture industries in Morganton, North Carolina, by [...]