New Markets Tax Credit Coalition

Search

Julian H. Robertson CitySquash Center

CitySquash uses NMTC financing for the construction of a purpose-built 15,000 square foot headquarters.

Investment

  • NMTC Amount: $12,700,000
  • Total Project Cost: $12,700,000

IMPACT

  • 15 FTE jobs
  • 35 construction jobs
  • 15,000 sq. ft. of real estate

Project Description

CitySquash will use NYCNCC’s financial assistance for the construction of a purpose-built 15,000 sq. ft. headquarters. CitySquash is a Bronx-based nonprofit that promotes college readiness for disadvantaged youth in the Bronx, and that uses squash as a tool to motivate students from third grade through college. The organization’s enrichment program includes squash, tutoring, mentoring, community service, and college preparation. The facility, which will serve as the organization’s first dedicated headquarters, includes six squash courts, locker rooms, four classrooms, a dedicated learning center, and an administrative space.

MAP

Address: 2502 Lorillard Place, Bronx, NY 10458

Census Tract: 36005038700

Other New York Projects

The redevelopment of the Pitkin Avenue Theatre in Brownsville Brooklyn into a mixed-use project.
The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by
A $51.5 million one-of-a-kind community facility is now home to early childhood education programs, youth development and education programs, mental health counseling, art education programs for young artists and seniors,

NMTC financing for a food distribution facility, Foodirect Inc., a full-service food distributor that has been family-owned and operated since 1944. The company stocks over 5,000 unique food products and