The City of San Jose’s Environmental Innovation Center, the city’s first NMTC Project is featured in this month’s edition of Novogradac Journal of Tax Credits.
By Jennifer Dockery, Assignment Editor,
Novogradac & Company LLP
“Late last year, the city of San Jose, Calif. completed its first new markets tax credit (NMTC) transaction. As befits the largest city in Silicon Valley, the project, known as the San Jose Environmental Innovation Center (EIC), will house emerging technology startups and recycling centers. EIC is part of the city’s Green Vision, a 15-year plan for economic growth and environmental sustainability, and will provide jobs and resources to San Jose and other Santa Clara County communities.”