New Markets Tax Credit Coalition

West End Boys and Girls Club

Finance the renovation and expansion of a boys and girls club community facility to provide increased programming.

Investment

  • NMTC Amount: $12,155,000
  • Total Project Cost: $14,158,500

IMPACT

  • 13 FTE jobs
  • 62 construction jobs

Investor

Project Description

Finance the renovation and expansion of a boys and girls club community facility to provide increased programming.

MAP

Address: 105 Allston Street, Allston, MA 2134

Census Tract: 25025000602

Other Massachusetts Projects

With $9.5 million in support from Sovereign Bank, MassDevelopment put together a $20 million financing package through its NMTC programto rehabilitate and upgrade the FGS Building, one of two buildings
Financing for the fit-out, equipment, start-up operating deficit, and working capital necessary to operate a 10,000 sq. ft. commercial laundry business.

The A.D. Makepeace Company, based in Wareham, is the world’s largest cranberry grower, the largest private property owner in eastern Massachusetts, and a recognized leader in environmentally responsible real estate

The project developer, Jubilee Christian Church International, is the largest black church in Boston.