New Markets Tax Credit Coalition

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City Fresh Foods

Investment

  • NMTC Amount: $14,000,000
  • Total Project Cost: $14,991,984

IMPACT

  • 226 FTE jobs
  • 37 construction jobs
  • 18,000 sq. ft. of real estate

Investor

Project Description

City Fresh makes and delivery healthy meals to schools, childcare centers and senior centers throughout Greater Boston. It currently produced 15,000 meals per day for a total of 3.5 million meals per year. These meals feed approximately 25,000 low-income people and over 95% of the people receiving its meals are of color.

The project includes the acquisition of 18,000 sq. ft. commercial condominium that comes with 37 parking spaces and access to slightly over 5 acres of land, providing space to expand near its current related facility. The new property consists of a building shell that will require a complete renovation with all new systems.

The new facility enabled City Fresh to secure USDA certification for the first time. The production capacity will increase from 3.5 million meals annually to 8.4 million.

MAP

Address: 94 Shirley Street, Roxbury, MA 2119

Other Massachusetts Projects

The acquisition and adaptive reuse of a historic mill complex to create a new 100,000 Federally-Qualified Health Center.
The $12 million overhaul of a historic site that has called North Street home for over a hundred years for a YMCA.

The redevelopment of a historic theatre that will consist of restoring the 44,000 sq. ft. 750 seat theatre and the attached West Wing that houses back of the house space

Offices of physicians, dentists, and other health practitioners