Pathway Lending is proud to support the transformation of Northside Square, a project poised to redefine community access and opportunity in Memphis. This $9.5MM allocation is our second New Markets Tax Credits investment in Memphis. It is another indicator of commitment to advancing equity and opportunity in under-resourced neighborhoods across the city. This investment aligns with our mission to catalyze positive and lasting impacts in communities, and the creation of 450 jobs through this project is significant.”

The New Markets Tax Credit is a powerful vehicle for bringing quality jobs and meaningful services to communities that need them the most. A third NMTC allocation for Pathway Lending is especially meaningful to Tennessee – a state identified as receiving a relatively lower share of NMTC awards. We have built great momentum over the past few years and are actively identifying projects that will put this capital to work accelerating the creation of quality jobs and creating meaningful services for low-income communities.”