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The Innovate Fund Provides $7 Million in New Markets Tax Credits to Ingevity Corporation

The Innovate Fund Provides $7 Million in New Markets Tax Credits to Ingevity Corporation

North Charleston, S.C., Nov. 26, 2019–The Innovate Fund announced Nov. 15, 2019, an allocation of $7 million in new markets tax credits to Ingevity Corporation for the construction of its new headquarters in North Charleston, S.C. Ingevity provides specialty chemicals, high-performance carbon materials and engineered polymers that purify, protect and enhance. The new headquarters is […]

The Innovate Fund Closes 2nd New Markets Tax Credit Transaction in Northside Neighborhood, 5th in Spartanburg, SC

The Innovate Fund Closes 2nd New Markets Tax Credit Transaction in Northside Neighborhood, 5th in Spartanburg, SC

SPARTANBURG, S.C., Oct. 25, 2019— The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation in Greenville, S.C., has allocated $10 million in New Markets Tax Credits (NMTC) to complete the $18.1 million construction of the TK Gregg Community Center, the latest addition to the Northside Initiative in Spartanburg, SC. […]