NCC secures all funding for its capital budget

The National Comedy Center in Jamestown has announced today that it has secured all funding for its capital budget with the closing of a Federal New Markets Tax Credit transaction.  The move provided the project with nearly $5 million of equity funding.  NCC received a $3 million grant from the Ralph C. Wilson Jr. Foundation and a $5 million grant from the State as part of the Buffalo Billion II program.  The two grants provided critical leverage that was required for the New Markets Tax Credit closing.

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