Hope House

Bronx,
NY
(2023)

Hope House

Behavioral Health, Supportive Housing

Investment

NMTC Amount: $8,500,000
Total Project Cost: $13,000,000

IMPACT

20 FTE jobs
28 construction jobs
jobs created and 20 jobs retained.
12,000 sq. ft. of real estate

CDEs

NYC Neighborhood Capital Corporation

Project Description

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community support, the program will provide an innovative continual care treatment model for New York City residents convicted of drug offences. Supportive housing and health treatment will be part of the ongoing rehabilitative experience for participants, helping to break the cycle of recidivism. Hope House is being developed by the Greenburger Center for Social and Criminal Justice, Inc.

MAP

Address: 849 Crotona Park North, Bronx, NY 10460

Census Tract: 36005036700

Other New York Projects

The Adeline Wright-Graham Boys and Girls Club

Schenectady,
NY
(2018)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Theaters and Performing Arts Spaces, Youth and Families, Youth Program

CDE(s): Empire State Development Corporation

NMTC financing supported the Adeline Wright-Graham Boys & Girls Club (Boys and Girls Club of Schenectady NY)'s new location, which serves 300 children daily from the Hamilton Hill and Mont

Cimolai-HY

Olean,
NY
(2023)

Manufacturing

CDE(s): Empire State Development Corporation, Hampton Roads Ventures, Mid-City Community CDE

This project will partially finance the acquisition and renovation of the former Dresser-Rand/Siemens Energy industrial facility in Olean, NY, the acquisition and commissioning of manufacturing equipment, and the training of

First National Rehab

Olean,
NY
(2020)

Addiction Treatment, Behavioral Health, Historic Rehabilitation, Retail, Retail and Commercial

CDE(s): Dudley Ventures

The First National Project will renovate the historic former headquarters of the 1915 First National Bank and an adjoining and Siegel’s Shoes buildings located in rural NY.

City Point

Brooklyn,
NY
(2012)

Affordable Housing, Grocery and Fresh Food, Mixed-use, Retail, Retail and Commercial

CDE(s): GS New Markets Fund, United Fund Advisors

Catalytic multi-use development generates thousands of jobs, provides affordable housing, and brings fresh food and retail opportunities to an underserved neighborhood in Brooklyn, NY.