New Markets Tax Credit Coalition

  • Brooklyn,
  • NY
  • (2023)
PDF Version

Fine Fare Brooklyn

District: Hakeem Jeffries (D-NY08)

Investment

  • NMTC Amount: $28,000,000
  • Total Project Cost: $32,900,000

IMPACT

  • 120 FTE jobs

CDEs

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Investor

Project Description

Financing for the owner of a Fine Fare Supermarkets in Brooklyn to purchase the building she had leased for 13 years. The purchase will stabilize occupancy costs, secure a long-term home for the business’ growth, and create new jobs.

MAP

Address: 602 Livonia Avenue, Brooklyn, NY 11207

Census Tract: 36047112600

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