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FPCD Awarded New Markets Tax Credit Allocation

For the second year in a row, FirstPathway Community Development (FPCD), an affiliated company of FirstPathway Partners, was awarded a New Markets Tax Credit allocation by the U.S. Department of Treasury - Community Development Financial Institutions Fund. The $15 million dollar award will help create jobs and investment opportunities throughout Wisconsin and Illinois in areas with high unemployment and low-income neighborhoods.Robert Kraft, CEO and President of FirstPathway Partners, said “we’re excited to once again have the opportunity to continue to use our knowledge and talents in serving communities in need, creating jobs, and growing the economy.”In 2016 FPCD was awarded a $25 million New Markets Tax Credit allocation which it used to help finance a Whole Foods Market distribution center, the Hatchery food and beverage incubator, and the Kroger Company commissary.Click here for more information about FPCD.

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