Finanta Announces $5 Million New Markets Tax Credit Allocation for Salvation Army Build Project
Harrisburg, PA (April 13, 2018) – Finanta is pleased to formally announce a substantial New Markets Tax Credit (NMTC) allocation to support a build project for one of the Harrisburg area’s major nonprofit organizations.
The Salvation Army Harrisburg Capital City Region will receive a $5 million New Markets Tax Credit (NMTC) allocation from Finanta for the construction of a new, multi-use service and worship center which will be located at 506 South 29th Street in Harrisburg. The new expanded location will allow the Army to provide vital human services to individuals and families living in each organization’s target area, which includes Dauphin, Cumberland, and Perry Counties. The services it provides includes food and basic needs assistance, self-sufficiency mentoring, and programs for children and youth.
download this release here