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New Markets Tax Credit Allocation Recipient Quadrant Technology Corporation Project Name: Quadrant Technology Corporation Louisville, KY Description Purchase and renovation of historic property  of project: (old firehouse) to serve as headquarters and light manufacturing space Total Project Cost: $1,604,715 NMTC Investment: $1,054,000 NMTC Structure: Subsidized Interest Rate Model Developers: Quadrant Technology Corporation Community Complete renovation of historic property, 10,000 sq. ft. Impacts: Allowed for consolidation of facilities from lwo locations, in two different states, into a downtown location Created 15 new jobs, adding $750,000 annually to local wage base