Developments > Institute for the Study & Practice of Nonviolence
The Institute for the Study and Practice of Nonviolence (ISPN) now has a new headquarters with 14,000 square feet of space – room for expanded programs to reduce teen violence. MHIC provided $3.9 million in New Markets and federal historic tax credits financing, with US Bank CDC as sole investor, to make possible the historic rehabilitation of a former convent that had been vacant for many years.
Institute for the Study & Practice of Nonviolence
Project at a Glance:
Location:
Providence
Development Type:
Commercial
Project Type:
Historic rehabilitation
MHIC Financing:
$3,395,943 in debt financing, $4,727,671 in NMTC financing
Sponsor:
Institute for the Study & Practice of Nonviolence
Date Completed:
9/29/2010
The Institute for the Study and Practice of Nonviolence (ISPN) now has a new headquarters with 14,000 square feet of space – room for expanded programs to reduce teen violence. MHIC provided $3.9 million in New Markets and federal historic tax credits financing, with US Bank CDC as sole investor, to make possible the historic rehabilitation of a former convent that had been vacant for many years.