K-V-A-T Food Stores, Inc.
Construction of a 54,000 square-foot supermarket located within a severely distressed census tract of Athens, AL.
Two Rivers Lumber Company
Two Rivers Lumber Company is set to construct a new state-of-the-art sawmil in Kellyton, AL to manufacture dimensional lumber from southern yellow pine.
Cristo Rey Fort Worth STEAM Center
The school is endeavoring on a multi-phase rehabilitation project aimed at expanding its facilities to better serve its students and staff and create long-term financial sustainability.
La Placita: An Economic, Health Care and Community Resilience Hub (1751 Alum Rock, LLC)
The Project involves the renovation of La Placita, a 28,475 square foot multi-use hub located in San José’, CA.
Mama’s Kitchen
Mama’s Kitchen is a San Diego–based 501(c)(3) nonprofit that provides home-delivered, medically tailored meals (MTMs) and nutrition services to individuals living with serious illnesses, including cancer, HIV/AIDS, congestive heart failure, type 2 diabetes, and chronic kidney disease.
Self-Help Enterprises Modesto Project
With a $6.79 million NMTC loan, Self-Help Enterprises (SHE) plans to develop 17 single-family homes in Modesto, California, in partnership with the City of Modesto and Stanislaus Equity Partners, a community development corporation. East Modesto is an underinvested neighborhood where Hispanic and Southeast Asian residents have experienced historic exclusion from economic opportunities due to a…
United Health Centers of the San Joaquin Valley (UHC) PACE Center
This project is a construction of a new PACE Center in Fresno providing comprehensive healthcare and social services to low-income seniors. The project addresses significant regional health disparities, particularly among aging populations, by offering coordinated care that enables seniors to remain in their homes while receiving services such as medical care, transportation, meals, and caregiver…
The Delores Huerta Foundation Peace & Justice Cultural Center
Financing the development and construction of a new 22,000-square-foot cultural facility that will serve as a central hub for leadership development, mental health services, multicultural programming, and workforce training in Bakersfield’s Eye St. Corridor.
Kokotat, Inc.
Founded in 1971, Kōkatat is a leading U.S.-based manufacturer of paddle sports apparel and gear. With growing demand and a new custom suit contract, the company expanded its production capacity and upgraded equipment with NMTC support.
Heritage Housing Partners (2026)
Proud to share that JPMorgan Chase recently closed an $11.75 million NMTC investment supporting Heritage Housing Partners in delivering 40 for-sale condominium homes for first-time, low- to moderate-income homebuyers. Projects like this are a great reminder of the power of NMTC to create homeownership opportunities and expand access in markets where affordability remains a challenge.
The Kolar Family YMCA Community Center (Downey YMCA)
Genesis LA deployed NMTCs to help the YMCA complete the conversion of an existing 6,600 square foot gymnasium into an office space, and the construction of a new 18,800 square foot gymnasium. This development will provide a variety of healthy living and sports programs to the surrounding community of Downey.
Charles R. Drew: Health Professions Education Building
Genesis LA deployed NMTCs to assist with financing development costs related to the construction of a new campus facility referred to as the Health Professions Education Building, an approximately 60,000 SF medical training building that will house virtual and standard anatomy laboratories, common spaces for all students, faculty and staff offices, and learning environments.
Fairchild Medical Center
Expansion, renovation, and construction of a 23,584-square-foot addition to Fairchild Medical Center (FMC), including an expanded emergency department, laboratory, classroom and conference space, and other administrative facilities to meet growing community healthcare needs.
Sola Crenshaw Center
SoLa Impact, LLC (“SOLA,” or “Sponsor”) will utilize NMTC financing for the development of the SoLa Crenshaw Center (“Project”), which makes up the commercial portion of the greater Crenshaw Lofts development. SOLA is the Sponsor of the SoLa Crenshaw Center project and has the same majority owners as the manager of its affiliated OZ Fund.…
Bright Star Schools’ Valor Academy Elementary School
Self-Help provided $10 million in New Markets Tax Credits and $16.4 million in financing to build a new facility that will increase student capacity by 49%, from 370 to 552 students, and include 28 classrooms, a multipurpose room, and more. Bright Star VAES serves a predominantly low-wealth student population, providing quality education in a community…
Circle the City East Valley Medical Respite Center (EVMRC)
To meet the needs of the homeless population in eastern Maricopa County, the project used NMTC financing for site acquisition, construction and equipping of its third medical respite care facility containing 30,000 SF for 85 medical respite beds, space for clinical and patient living areas, and office space. Patient common outdoor and recreation area will…
Navajo Tribal Utility Authority: Chinle Wastewater Treatment Plant (March 2025)
Financing for the development and construction of a state-of-the-art 66,000 square-foot wastewater treatment facility to replace aging infrastructure that has exceeded its functional lifespan.
East Alabama Rural Innovation and Training Hub (EARTH Alabama)
Located on the 30-acre site of the former Avondale Mills, EARTH will renovate an existing 125,000 square foot building into a comprehensive campus, aimed at developing local workforce skills, fostering new ideas and technologies, creating high-quality jobs, and leveraging local resources.
Andalusia Hotel
Renovating an historic bank building located in downtown rural Andalusia, AL into a 66-room boutique hotel to be operated by Choice Hotels under the Hampton Inn & Suites hotel flag. The Project will be located in Covington County within a severely distressed, rural census tract designated as an Opportunity Zone.
Infrared Salt Therapy
Infrared Salt Therapy is a Boulder wellness business offering infrared sauna and salt therapy along with red-light therapy, cold plunges, and bodywork. CEF financing allowed the company to remodel an additional treatment room and purchase a cold plunge, infrared sauna, and related equipment for its expansion. (coloradoenterprisefund.org)
C&S Janitorial Services
C&S Janitorial Services has provided commercial and residential cleaning services in Colorado Springs for about 20 years. When business declined during the pandemic and a traditional bank denied financing, CEF supplied working capital that allowed the company to remain open. (coloradoenterprisefund.org)
Picturesque Impressions
Picturesque Impressions produces children’s books focused on emotional development as well as commissioned paintings, prints, and other art products from an Aurora-area home studio. CEF provided financing and technical guidance to help owner BreAnna Borah develop the business, strengthen its financial planning, and expand its products. (coloradoenterprisefund.org)
Fortissimo Denver
Fortissimo Denver is a downtown entertainment venue and cocktail bar offering dueling pianos, live music, Broadway singalongs, jazz, food, and drinks. CEF provided growth financing after traditional lenders were unwilling to lend to a relatively new business with less than two years of financial history. (coloradoenterprisefund.org)
Champagne Tiger
Champagne Tiger is a French-American diner on East Colfax that grew out of a three-year pop-up operation before opening a permanent Denver location. When another expected loan fell through, CEF financing filled the remaining capital gap and allowed the restaurant to open on schedule and within budget. (coloradoenterprisefund.org)
Solutions Machining
Solutions Machining is an Arvada machine shop with 10 CNC machines that produces components for industries including automotive, energy, electronics, and waterjet manufacturing. CEF financing enabled longtime employee and general manager Michael Green to acquire the established company after conventional lenders were reluctant to finance the ownership transition. (coloradoenterprisefund.org)
The Owl Academy
The Owl Academy is a Littleton early childhood education center offering childcare and preschool programs for children from six weeks through six years old. CEF financing helped cover startup operating costs, furniture, fixtures, and equipment needed to open the center and begin serving families. (coloradoenterprisefund.org)
SLH Creative Group
SLH Creative Group develops children’s books and resources designed to help families, educators, and caregivers support children’s emotional well-being. CEF financing funded professional illustration, printing, inventory, distribution, and other infrastructure needed to expand the book series and reach more customers. (coloradoenterprisefund.org)
Cold Noze Creameri
Cold Noze Creameri makes ice cream treats and cakes for dogs and is working to expand distribution into additional retail stores. CEF startup financing paid for equipment and event fees that enabled the business to begin operating and marketing its products. (coloradoenterprisefund.org)
Mountain Edge Tattoo Removal
Mountain Edge Tattoo Removal is a Colorado Springs clinic specializing in laser tattoo removal and fading for cover-ups using picosecond laser technology. CEF financing helped owner Jeffrey Winzenried launch the business after other financing options focused heavily on credit history rather than his experience and business plan. (coloradoenterprisefund.org)
Daddy’s Homemade Syrup
Daddy’s Homemade Syrup produces small-batch, all-natural flavored syrups sold through retailers, coffee shops, wholesale partners, e-commerce, and local events. A $10,000 CEF microloan helped the company purchase ingredients and packaging to launch operations, supporting growth into a broader Colorado retail and wholesale market. (coloradoenterprisefund.org)
Bowls by KO
Bowls by KO grew from a meal-delivery service into a Denver fast-casual restaurant serving globally inspired, allergen-friendly grain bowls. CEF financing helped complete the restaurant buildout, purchase major equipment, and open its first brick-and-mortar location after other lenders declined to finance the business. (coloradoenterprisefund.org)
A Better Day Cleaning and Concierge, LLC
A Better Day Cleaning and Concierge provides primarily residential housecleaning services to busy households in the Loveland area. After years of debt and difficulty obtaining financing, CEF provided a lower-interest loan that allowed the company to consolidate debt, improve cash flow, and support continued growth. (coloradoenterprisefund.org)
Hilltop Community Resources
Renovation of a 56,730-square-foot building in downtown Grand Junction, Colorado, to serve as Hilltop Community Resources’ new headquarters and program hub. This project will help Hilltop address several community-level issues, such as housing insecurity, family economic instability, unmet mental health needs, access to affordable childcare, behavioral health counseling, domestic violence and sexual assault support, food…
Kroger Grocery Store – Fountain
The project is construction on a new 123,000 square-foot King Soopers grocery store in Fountain, Colorado, which is in a census tract designated as a Food Desert under the criteria of America’s Healthy Food Financing Initiative.
Exum Instruments
CDVCA is pleased to announce our investment in Exum Instruments, a Denver-based company revolutionizing material analysis. Their flagship product, the Massbox, is a compact and user-friendly tool powered by proprietary LALI-TOF-MS technology that makes lab-grade mass spectrometry available for everyday commercial use, enabling high-performance testing that is faster, more accessible, and more affordable for industries…
Food Bank of the Rockies – Working Capital
The NMTC financing will allow the Food Bank of the Rockies in Grand Junction, Colorado, to increase food distribution and narrow the gap between community need and availability of hunger relief services; and will also help cover the growing operating costs, including payroll, food purchases and marketing expenses. Currently, one in nine service area residents…
Colorado Assessment and Treatment Center
Colorado Assessment and Treatment Center provides outpatient mental health and substance-use treatment in Denver and northern Colorado, including services for many clients involved with the criminal justice system. CEF refinancing replaced higher-interest debt accumulated during and after the pandemic, reducing debt costs and improving the organization’s cash flow. (coloradoenterprisefund.org)
Shrunk 3D
Shrunk 3D operates a mobile studio that scans people and pets and produces three-dimensional printed figurines from the resulting images. CEF financing enabled owner Nick Conklin to purchase the mobile scanning studio and launch the franchise after a job loss complicated his ability to secure conventional financing. (coloradoenterprisefund.org)
Georg Fischer Casting Solutions First Tranche
GFCS is a leading producer of lightweight automotive components. GFCS sought to re-enter the U.S. manufacturing market with the construction of a new high-pressure die-casting facility in a Deep Distressed low-income community in Augusta, GA with unemployment 3.13 times the national average. The Project is bringing a large number of Quality Jobs to Richmond County,…
NeighborWorks Columbus (NWC)
With a $5.85 million NMTC loan, Columbus Housing Initiative, Inc. d.b.a. NeighborWorks Columbus (NWC) plans to develop 20 single-family detached homes across multiple neighborhoods in Georgia’s second-largest city, Columbus.
Positive Place Boys & Girls Club
Truist recently partnered with Carver Financial Corporation to finance the construction of a new, state-of-the-art Positive Place Boys & Girls Club and to fund the purchase of new buses. Truist provided $3 million in allocation alongside $7 million from Carver, generating $3.12 million in gross equity for the project. The 25,000-square-foot facility includes a new…
North Walton
NMTC allocation to acquire and rehab an approximately 80,000 square-foot health care facility in DeFuniak Springs, FL.
United Cerebral Palsy of Central Florida – Osceola Campus Charter School for Disabled/Non-Disabled & Therapy Services
Construction of a new 37,000 square foot state-of-the-art educational and pediatric therapy facility the Osceola Campus Charter School for Disabled/Non-Disabled & Therapy Services.
Lee Health
The purchase and installation of equipment at a to-be constructed an approximately 75,000-square foot medical laboratory.
PackEx
Start-up company; redevelop and equip an existing facility
Bioactive Forages
UB Community Development (UBCD), a community development partner of United Bank, is proud to announce its role in financing a new facility for BioActive Forages in Madison County Florida utilizing a $9 million New Markets Tax Credit (NMTC) allocation. BioActive Forages is constructing its first facility to produce superior feed pellets for equestrian and ruminant…
Lions World Vision Institute
Facility to expand services for optical healthcare
Treasury Coast Community Health
This transaction will finance the expansion of Treasure Coast Community Health, Inc. to further its mission as a Federally Qualified Heath Center in Vero Beach, Florida. This expansion will provide approximately 45,000 square feet of newly rehabilitated and constructed, primary healthcare, pediatric, and administrative facilities with extensive wrap-around services.
Harry Chapin Food Bank
HCFB will construct an approximately 97,000 SF warehouse and distribution center which will replace its current 54,390 SF facility to expand access to healthy foods, nutrition education, and wraparound services and build community resilience.
ConnCAT Place on Dixwell
Construction of First Haven, a 65,000 square foot multi-service facility. This development will provided expanded space for relocated workforce training programs, an early childcare center, and youth trauma care clinic.
Woofie’s of Castle Rock
Woofie’s of Castle Rock provides pet sitting, dog walking, and mobile pet-spa services throughout Douglas County. After startup costs exceeded expectations and conventional bank financing was unavailable, CEF financing helped the business retain its staff and equipment and continue operating. (coloradoenterprisefund.org)
ABO Labs
ABO Labs provides mobile blood-draw and laboratory services at homes, workplaces, and other convenient locations, including therapeutic phlebotomy and physician-ordered testing. CEF financing enabled the owners to purchase the company, pay a year of insurance costs, and secure and furnish an office. (coloradoenterprisefund.org)
Sitruc MedSpa
Sitruc MedSpa is a Lafayette medical aesthetics practice offering injectables, fillers, microneedling, PRP, and hair-restoration treatments. After struggling to obtain startup capital elsewhere, owner Marlene Wyatt used CEF financing and business support to purchase products and establish the new practice. (coloradoenterprisefund.org)
Lighthouse WholeHealth
Lighthouse WholeHealth is a Fort Collins multidisciplinary clinic offering mental health care along with pediatric occupational, physical, speech, and feeding therapy and educational services. CEF financing allowed owner Jennifer Bergin to lease and build out the clinic, with plans to add services and additional locations. (coloradoenterprisefund.org)
Abundance Health Care
Abundance Health Care is a Colorado Springs primary-care practice providing preventive care, chronic-condition management, telehealth, and other personalized health services. CEF financing allowed the practice to purchase equipment and hire an additional employee as the business expanded. (coloradoenterprisefund.org)
Skyline Commons
Moyle Construction is redeveloping the nine-story, 140,000 square-foot Jutila Center, a building that was part of the former Finlandia University campus in Hancock. Floors 8 and 9 will be converted into 29 rental apartments, 15 of which will be rented at or below 80% AMI. The remaining floors included a variety of government, non-profit organizations…
MedRhythms
CDVCA has made a follow-on investment in MedRhythms, a digital therapeutics company that combines sensors, software, and music to address walking impairments caused by neurological conditions. Its innovative, evidence-based approach will significantly improve both mobility and quality of life for millions of people suffering from strokes or multiple sclerosis. MedRhythms is committed to promoting better…
Trinity Jubilee Center
Trinity Jubilee Center, a secular, multi-service nonprofit in Lewiston Maine, is constructing a new 11,000 square foot (SF) facility to enhance and expand its community impact.
Springboard Youth Training Center
The NMTC Project will involve the acquisition, rehabilitation, and repurposing of two historic, vacant buildings into the 21,500 SF Springboard Youth Training Center (“SYTC”)
NHs Baltimore 2025
In Maryland, the Neighborhood Housing Services of Baltimore will acquire and rehab 13 historic single-family rowhomes in a community that has been identified as a pivotal location for redevelopment.
Southern Streams Health and Wellness Center
In East Baltimore’s Broadway East neighborhood, the Southern Streams Health and Wellness Center is taking shape as a beacon of renewal and investment. Part of the larger East Baltimore Revitalization Plan, this $31 million project spearheaded by Mary Harvin Transformation Center CDC is transforming a long-neglected site into a hub of community growth.
Habitat for Humanity of the Chesapeake, Inc.
Habitat for Humanity of the Chesapeake, Inc. will develop 17 single-family homes through new construction and acquisition/rehab across five areas of Baltimore, Maryland to provide affordable homeownership opportunities for low-income households, remove blight by rehabbing vacant properties, and strengthen communities by providing high-quality affordable housing near important amenities like schools, parks and hospitals.
PeopleInc Early Learning Center
Construction of 19.8K SF early childhood education center, serving over 200 infant/toddler/pre-k (increase of 134), and 316 fmailies (increase of 56). This incredible facility will provide critical care and education to over 200 kiddos in a serene and beautiful indoor-outdoor campus. The new, 21,000-square-foot center can serve 212 children. It has outdoor playspace, a fully…
Harry Tompson Center
This transaction finances the expansion of the Harry Tompson Center in New Orleans, LA, a low-barrier day shelter specializing in delivering hygiene, hospitality, healthcare, and housing navigation social services to the unhoused population. The new facilities will include a Hygiene Facility and Counseling & Community Center allowing the Harry Tompson Center, Inc. to increase services…
The Housing Partnership, Inc. (HPI)
With a $7.76 million NMTC loan, The Housing Partnership, Inc. (HPI) plans to construct 25 new single-family homes in the West End area of Louisville, Kentucky, through scattered infill.
Home of the Innocents (2025)
By creating new, purpose-built space, Home of the Innocents ensures that young adults aging out of pediatric care can remain in a place designed for their safety, dignity, and long-term wellbeing. This project reflects what’s possible when nonprofits, financial institutions, and community leaders work together—each contributing a piece toward something much larger than themselves. Community…
Swope Health
Swope Health is proud to partner with Kansas City Kansas Community College on this beneficial project. We look forward to inviting students, patients, and the entire community through our doors when we open in 2026. Swope Health will open a 16,000 SF Women’s and Children’s Center with comprehensive health, dental and mental health services. Keep…
Indianapolis Neighborhood Housing Partnership (INHP)
With a $7.76 million NMTC loan (QLICI), Indianapolis Neighborhood Housing Partnership, Inc. (INHP) plans to develop 23 homes primarily through new construction, including the completion of Arnold Place—a vibrant townhome community named after a neighborhood centenarian.
Affordable HomeMATTERS Indiana, LLC, a subsidiary of Intend Indiana (AHM)
Affordable HomeMATTERS Indiana, LLC (AHM), an Indiana limited liability company wholly owned by Intend Indiana, Inc., will develop 20 single-family detached homes in the Lincoln Park neighborhood of South Bend, Indiana for sale to low- and moderate-income homebuyers.
Mistica Foods- 2026
NCIF supported the renovation of a 54,994 sq. ft. food manufacturing facility in Franklin Park, Illinois. Mistica Foods is a family-owned company providing custom food production and supply chain solutions.
SIHF Belleville Clinic
The project involves the $10.4 million renovation a 69,600 square foot Federally Qualified Healthcare Center that aims to serve downtown Belleville, a highly distressed neighborhood with an Area Median Income of 65% of the national average and a Poverty Rate of 20%. The Health Resources and Services Administration classifies downtown Belleville as a Medically Underserved…
TCA Health Center
NMTC allocation for TCA Health, Inc. (TCA), a Federally Qualified Health Center, to finance the renovation of TCA’s existing 22,100-square-foot health center and the construction of a 10,000-square-foot Nutrition Innovation Center located at 1029 East 130th Street in Riverdale on Chicago’s South Side.
Robert R. McCormick Leadership & Opportunity Center (Project H.O.O.D)
This project will finance the construction of the Leadership and Economic Opportunity Center, an 88,000 SF multi-use facility that will contain resources in workforce development, banking, healthcare, and food services in Chicago, Illinois.
Tillamook County Creamery Association
This investment will allow Tillamook County Creamery Association to upgrade a former, shuttered dairy plant in Decatur, Illinois to a dedicated 43,000 square foot ice cream manufacturing facility to better serve their growing Eastern United States ice cream market. Tillamook County Creamery Association is a farmer-owned co-op headquartered in Tillamook, Oregon.
Global Village Project
The project will finance the renovation of newly acquired Property to serve as the permanent home for GVP. GVP currently serves 45 students but with this new space, GVP expects to double current capacity and serve 100 students by the 2029-2030 school year (15-20 additional students each year). The new school will include 12 large…
South Ward Wellness Center
The South Ward Wellness facility will offer health, fitness, and social services to the surrounding community. The project is part of the South Ward Promise Neighborhood Initiative, a well-established community organization providing a coordinated pipeline of services and resources that guides and supports families and ensures that children can live in healthy homes, succeed in…
Gale School Rehab
The project supports Lakes Region Community Developers in the rehabilitation and adaptive reuse of a historic Gale School building in Belmont, New Hampshire. The Gale School will be converted into a dual-purpose center that will meet the region’s urgent social needs. The renovated space will house a 35-slot childcare center operated by the Boys &…
Winnebego Child Care 2025 aka Nikjak Wakacak North QALICB, Inc.
This project will finance the new construction of a childcare and workforce development training facility for the Winnebago Tribe in Winnebago, Nebraska.
Habitat for Humanity of the Charlotte Region (2025)
HABITAT FOR HUMANITY OF THE CHARLOTTE REGION received a $3.6MM QLICI to support the phased construction of their new $10.6MM 29-home Hope Springs affordable planned community.
Nourish Up Hunger Hub
Renovation and build-out of the Hunger Hub, a 90,000-square-foot facility serving as the operational headquarters for Nourish Up in Charlotte, North Carolina.
MedNorth Health Center
Self-Help contributed $9 million in NMTC allocation toward the expansion of New Hanover Community Health Center, MedNorth Health Center. As the only Federally Qualified Health Center (FQHC) in New Hanover County, MedNorth provides a critical safety net for families facing rising healthcare costs and limited access to affordable care.
The Industrial Commons
A $7,000,000 New Markets Tax Credit (NMTC) investment to support a catalytic commercial redevelopment project in Edenton, North Carolina. This vital funding will drive economic growth and create 155 quality jobs in a community historically lacking access to capital. The investment is targeted at the renovation of the former Sears Building in downtown Edenton and…
Raleigh Rescue Mission’s Project HOPE
This project comprises of a two-building campus 106,500 SF residential recovery facility and children’s learning center, designed to provide integrated housing and supportive services for families experiencing situational homelessness. The recovery facility delivers comprehensive homeless services including emergency shelter, case management, counseling, workforce training, financial literacy, substance abuse recovery, healthcare access via partner providers, and…
Habitat for Humanity of Wake County, Inc.
In North Carolina, Habitat for Humanity of Wake County, Inc. will develop 24 new homes in Johnston and Wake Counties — the 3-bedroom homes will provide affordable homeownership options in an area that is experiencing rapid growth, and plenty of space for homebuyer families.
Hope Economic Empowerment Center
Hope is leveraging NMTC financing to develop the Hope Economic Empowerment Center (HEEC), a 13,442 sq. ft. financial services and resource hub located in Jackson, Mississippi.
Voluntary Action Center’s Opportunity Campus
For more than 50 years, the Voluntary Action Center has helped individuals and families navigate homelessness, poverty, and other hardships. The new Opportunity Campus will bring shelter, healthcare, case management, employment resources, and other essential services together in one location. The campus will include a 150-bed emergency shelter (serving 500 people annually) and a medical…
Southwest Minnesota Housing Partnership (SWMHP)
With a $9.7 million NMTC loan, Southwest Minnesota Housing Partnership (SWMHP) will develop 21 homes across Mankato, Minnesota, in conjunction with a community land trust to ensure future access to equity-building, affordable homeownership opportunities.
CAPI Holding Company (QALICB) CAPI USA (Sponsor) Nonprofit
CAPI USA proposes to build a 3-story, 16,050 sq. ft. expansion to its Immigrant Opportunity Center (IOC 2.0) to create new wealth-building services in Brooklyn Center, MN.
Native American Community Clinic
A six-story mixed-use development featuring the NMTC Project on the first two floors of the Building, co-located with 83 affordable and supportive housing units that are being separately financed with Low Income Housing Tax Credits.
Habitat for Humanity of Kent County
HABITAT FOR HUMANITY OF KENT COUNTY received a $3.6MM QLICI to support the construction of its $4.68MM multi-site affordable homeownership project comprised of 9 scattered infill homes and 7 single-family attached homes as phase 1 of their larger $11.4MM Pleasant Hills development, a high density 27-home community.
Arthur Murray Redevelopment
An approximately $15.4-million project has been supported with $12 million in New Markets Tax Credits (NMTC) allocation from Michigan Community Capital. The Arthur Murray project encompasses the renovation and expansion of one of the largest vacant and abandoned commercial sites in Detroit’s East English Village neighborhood.
Shed 7 – Eastern Market
Eastern Market Partnership (EMP), together with its subsidiary Eastern Market Development Corporation (EMDC), is renovating and expanding the outdated Shed 7 building to create an approximately 43,000-square-foot cold chain- and Food Safety Modernization Act-compliant space with support of NMTCs.
Muskegon Midtown Mixed-use
Wheelfish Group is redeveloping a downtown building in Muskegon; converting it into a mixed-use, mixed-income rental property with Reset Ventures, a local non-profit, as a commercial tenant. The building will feature 56 rental units; 39 rented at market rate and 15 units at 80% AMI or below. The property will also feature 11 short-term vacation…
American Indian Health & Family Services – New Facility for Health and Wellbeing
Construction of a community health and wellness facility. It will include eight new exam rooms for primary care services, seven therapy rooms, a pharmacy and buildout of dental services. The new facility will enhance healthcare access by centralizing comprehensive healthcare services under one roof, addressing the long-standing disparities in healthcare quality.
Precision Hardwoods Expansion Project
Precision Hardwoods is completing a $16M new sawmill facility with the assistance of NMTCs. The project entails the construction of a new 45,000 square foot building to house new sawmill equipment, including a brand new HewSaw sawline, a debarker, a Carobotech Log system, Pendu Autostacker, a Pendu CutStock Line new loaders and forklifts. The project…
Super Natural & Fresh Produce III
Super Natural & Fresh Produce III opened a new 43,000-square-foot grocery store Aug. 27 in Reading, Pennsylvania. Finata allocated $6 million in NMTCs to help finance the development. The supermarket offers fresh produce, meats, dairy and other grocery products. The property also includes a café, a wholesale distribution warehouse for small grocers and a future…
Resurrected Life Early Learning
A prominent Allentown church and nonprofit broke ground Tuesday morning on a $7.2 million preschool and learning facility, in a neighborhood where such an investment is much needed.
Reading Health Campus (Phase 2)
NMTC to support the redevelopment of the Community Medical Campus and Annex at 131-145 N. 6th Street, Reading, PA. The project, led by Shuman Development Group, will revitalize the former Community General Hospital into a state-of-the-art full-service medical campus including a Federally Qualified Health Center, expanding healthcare services and creating hundreds of new jobs.
Community Medical Campus and Annex
Finata, formerly known as Community First Fund, allocated $16.5 million in NMTCs in March for the $22.3 million redevelopment of the Community Medial Campus and Annex in Reading, Pennsylvania. Shuman Development Group is leading the development, which seeks to revive the medical campus as a federally qualified health center. Wells Fargo invested in the NMTCs…
Cairnspring Mills Blue Mountain, LLC
NMTC for Cairnspring Mills to build a new flour mill in partnership with the Confederated Tribes of the Umatilla Indian Reservation.