The Innovate Fund - Transforming Communities

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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. […]

The Innovate Fund Provides $11.5 Million in New Markets Tax Credits for Poe West Redevelopment in Greenville, SC

The Innovate Fund Provides $11.5 Million in New Markets Tax Credits for Poe West Redevelopment in Greenville, SC

GREENVILLE, S.C., Sept. 26, 2019/— The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation in Greenville, S.C., has allocated $11.5 million in New Markets Tax Credits (NMTC) to complete the $12.6 million Poe West redevelopment located in the heart of the Village of West Greenville. The Furman Co., […]