CrescentCare Mid-City

New Markets Tax Credit Coalition

New Orleans,
LA
(2023)

CrescentCare Mid-City

FQHCs

Investment

NMTC Amount: $20,000,000
Total Project Cost: $21,600,000

IMPACT

77 FTE jobs
119 construction jobs
27 jobs created and 49.75 jobs retained. CrescentCare expects to serve more than 6300 patients annually at this site once the Project reaches stability.
33,000 sq. ft. of real estate

CDEs

Capital One, Gulf Coast Housing Partnership, Hope Enterprise

Investor

Capital One

Project Description

Renovation and adaptive reuse of a historic urban building into a 33,000 sq. ft. Federally Qualified Health Center (FQHC) with off-street parking for staff and patients. CrescentCare Mid-City will offer primary medical and behavioral healthcare services, the opportunity for specialty disciplines, and an on-site contract pharmacy.

CrescentCare started as NO/AIDS Task Force more than 30 years ago. Over time, the nonprofit community healthcare provider expanded its scope to offer a broad range of affordable healthcare services to New Orleans’ most underserved communities. Today, they support an array of wellness and healthy living initiatives, and they provide behavioral and dental health services- all regardless of a patient’s ability to pay.

The project expects to serve more than 6300 patients annually at this site once it reaches stability. 80% of patients are projected to be low-income.

MAP

Address: 2515 Canal Street + 3308 Tulane Avenue, New Orleans, LA 70119

Census Tract: 22071004900

Other Louisiana Projects

Centennial Place

New Orleans,
LA
(2013)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Grocery and Fresh Food, Historic Rehabilitation, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Enterprise Community Partners, VOANS

A new redevelopment project rresulted in 52 apartments, a commercial kitchen that prepares fresh and healthy meals for schools and social service clients and offer job training, and retail and

Beauregard Health System

DeRidder,
LA
(2024)

Healthcare

CDE(s): AMCREF Community Capital, CCG Community Partners, Community Hospitality Healthcare Services, River Gorge Capital

Providing Critical Care to the Rural Parishes of Beauregard/Vernon, Louisiana

200 Carondelet

New Orleans,
LA
(2005)

Business Development

CDE(s): Advantage Capital

Convesion of the abandoned American Bank Building into a hotel

New Orleans Center for Creative Arts

New Orleans,
LA
(2017)

Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Incubator, Vocational Training

CDE(s): Enhanced Capital, United Fund Advisors

New Orleans Center for Creative Arts is a regional, pre-professional arts training center that offers students intensive instruction in culinary arts, dance, media arts.