Investment Activities

Building America seeks projects that meet a “but for” test: if not for the NMTC investment, the project would not be fully financed and, more importantly, the community would not see the benefits of the project.  The types of projects Building America invests in include: education, workforce training, mixed-use projects, healthcare and manufacturing facilities, community centers, and projects that provide a catalyst for severely distressed neighborhoods.

Building America’s overall activities help revitalize distressed communities by focusing on:

• Creation of union construction jobs;

• Creation of quality permanent jobs;

• Access to pre-apprenticeship, job training, and career advancement programs;

• Fostering of economic development and broader prosperity;

• Provision of community services, such as education, childcare, and healthcare;

• Expansion of affordable housing;

• Assistance to projects with strong levels of community support.