CDE: Bank of America

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Richmond Oil House/Rosie the Riveter Visitor Center

Richmond,
CA
(2011)

Arts, Community Center

CDE(s): Bank of America

NMTC and HTC financing for Rosie the Riveter visitor center to be operated by the National Park Service at the historic Ford Plant at Point Richmond. The Visitor Center embraces

West Coast University

Anaheim,
CA
(2008)

Healthcare, Higher Education

CDE(s): Bank of America

West Coast University (WCU) is a private, for-profit university focused on healthcare degrees with campus locations in Los Angeles, Anaheim, and Ontario. WCU’s Anaheim campus includes programs in nursing and

Community Health Center of Middeltown

Middletown,
CT
(2011)

Community, FQHCs

CDE(s): Bank of America

NMTC financing generated the critical capital needed to begin construction on a new health center in the former O&W Railway Company Middletown Station.

Tillamook Fiber Recovery

Molalla,
OR
(2014)

Timber and Agriculture

CDE(s): Bank of America

A loan to Tillamook Fiber Recover allowed the company to purchase a 40-acre site located in Molalla, Oregon, and provided the financial resources to make small site upgrades.

Howard Levine Child Development

Charlotte,
NC
(2017)

Daycare and Early Childhood

CDE(s): Bank of America

In 2017, construction on a new child-development facility at The Renaissance public-housing community.

Chobani

New Berlin,
NY
(2011)

Food Manufacturing, Manufacturing

CDE(s): Bank of America, CDF Development (Cordish), Dudley Ventures, Ecotrust, Empire State Development Corporation, Solomon Hess SBA Loan Fund

The renovation and equipping of a 70,000 sq. ft. facility in New Berlin, a highly distressed rural part of upstate New York.

Martin Marietta Materials – Arvada Ready Mix

Arvada,
CO
(2009)

Manufacturing

CDE(s): Bank of America

NMTC financing supported Martin Marietta, an American-based company and a leading supplier of building materials

New Sheltering Arms Learning Center Opens Peoplestown

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Atlanta Emerging Markets, Bank of America

U.S. Bank to Provide More Than $5 Million of Tax Credit Financing for Girls Inc. Building Renovation in Oakland

Arts, Behavioral Health, Boys and Girls Clubs, Community, Daycare and Early Childhood, Healthcare, Historic Rehabilitation, Historic Tax Credit, Recreation, Theaters and Performing Arts Spaces, Youth and Families, Youth Program

CDE(s): Bank of America, Clearinghouse CDFI

Strategies for Change – Outpatient South

Sacramento,
CA
(2007)

Behavioral Health, Community, Healthcare

CDE(s): Bank of America

Strategies for Change is dedicated to provideing substance abuse and co-occurring mental health services for youth and adults. Services include day treatment, intensive outpatient and outpatient programs. Strategies for Change

Artists for Humanity

Boston,
MA
(2017)

Arts

CDE(s): Bank of America, MassDevelopment

Expansion of existing building to double the number of youth Artists For Humanity trains and employs.

Old Parkland Hospital Campus Phase 2

Dallas,
TX
(2010)

Community, Historic Rehabilitation, Mixed-use

CDE(s): Bank of America

NMTC financing supported renovation of vacant hospital campus into boutique office space, dinning hall and coffee shop. Details: The Old Parkland lands stood vacant for years at Maple and Oak

PeroxyChem

Memphis,
TN
(2017)

Business Development, Environment, Manufacturing, Plastics and Chemicals, Waste Management, Water Management

CDE(s): AMCREF, Bank of America

PeroxyChem Installs Largest Peracetic Acid Wastewater Disinfection System in the World

Lower East Side Girls Club

New York,
NY
(2010)

Affordable Housing, Boys and Girls Clubs, Community, Community Kitchen, Housing, Mixed-use, Recreation, Retail, Youth and Families, Youth Program

CDE(s): Bank of America, Carver National Bank

Financing supporting the Lower East Side Girls Club.

Latin American Montessori Bilingual Public Charter School

Washington,
DC
(2008)

Community, Racial Equity, Schools, Targeted Populations

CDE(s): Bank of America

When the Latin American Montessori Bilingual Charter School in Washington, DC embarked on a project to renovate its new facility, NMTC financing helped the school finance energy efficiency measures that

Lawrence General Hospital

Lawrence,
MA
(2018)

Community, Healthcare, Hospitals and Emergency Services, Safety Net Hospital

CDE(s): Bank of America, MHIC

The construction of a surgical addition to Lawrence General Hospital.

DC Prep 1

Washington,
DC
(2014)

Community, Schools

CDE(s): Bank of America, City First, Low Income Investment Fund, Telesis CDE Corporation

By transforming a deserted block of former warehouses in Ward 5 into an award-winning elementary and middle school, and a former DCPS facility into a state-of-the-art learning space in Ward

Farwest Steel

Vancouver,
WA
(2011)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Bank of America, Brownfield Revitalization, CRFUSA, United Fund Advisors

Steel manufacturer expands capacity and creates critical manufacturing jobs.

Golden State Family Service

Tulare,
CA
(2007)

Community, Daycare and Early Childhood, Youth and Families, Youth Program

CDE(s): Bank of America

Golden State Family Services initially opened as a 501 Foster Family Agency in Redding, CA, in 1996. The agency expanded, opening its first office in the Central Valley in Visalia,

Baystate Medical Center

Springfield,
MA
(2009)

Community, Healthcare, Hospitals and Emergency Services, Safety Net Hospital

CDE(s): Bank of America, Consortium America, MHIC, Urban Research Park CDE, USBCDE

New Markets Tax Credit financing for construction of a new, seven story, in-patient medical facility with 126 beds for the Baystate Medical Center.

TDC Cutting Tools

Seneca,
SC
(2015)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural, Waste Management

CDE(s): Bank of America, Innovate Fund

The construction of a 47,000-sq.-ft. campus, including a 32,000-sq.-ft. office building and a 15,000-sq.-ft. high-speed metals recycling facility.

St. Anthonys Foundation

San Francisco,
CA
(2013)

Community, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Shelters and Community Food

CDE(s): Bank of America, Low Income Investment Fund

The build-out of a new kitchen, dining room, clothing distribution center, food pantry and social work center.

HealthRIGHT 360

San Francisco,
CA
(2016)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Bank of America, Community Vision, Corporation for Supportive Housing, Enterprise Community Partners, Primary Care Development Corporation

The acquisition and renovation of a 48,000 sq. ft. building in the heart of San Francisco.

Stereotaxis

Saint Louis,
MO
(2005)

Business Development, Incubator, Manufacturing

CDE(s): Bank of America

NMTC financing supported the Stereotaxis project.

Old Post Office

Saint Louis,
MO
(2004)

Adult Education, College or Vocational Training, Community, Historic Tax Credit, Infrastructure, Library, Mixed-use, Retail, Transportation and Ports

CDE(s): Bank of America, Enterprise Community Partners, National Trust Community Investment Corporation

Rehabilitation of the Old Post Office in St. Louis

Bartlett Place Building B

Roxbury,
MA
(2017)

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

CDE(s): Bank of America, Local Initiatives Support Corporation

New construction of a mixed-use building in the Roxbury neighborhood, which houses a fresh foods retailer and 32 apartments.

Waterfire Arts Center

Providence,
RI
(2016)

Arts, Community, Theaters and Performing Arts Spaces

CDE(s): Bank of America, Local Initiatives Support Corporation

Nonprofit Behind Iconic Arts Display Finds Home With Tax Credit Help

Girls Incorporated of Alameda County

Oakland,
CA
(2012)

Arts, Behavioral Health, Boys and Girls Clubs, Community, Daycare and Early Childhood, Healthcare, Historic Rehabilitation, Historic Tax Credit, Recreation, Theaters and Performing Arts Spaces, Youth and Families, Youth Program

CDE(s): Bank of America, Clearinghouse CDFI

Tax Credit Financing for Girls Inc. Building Renovation in Oakland

Halsey Street Teachers Village Workforce Housing A

Newark,
NJ
(2012)

Community, Daycare and Early Childhood, Grocery and Fresh Food, HFFI, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing, Youth and Families, Youth Program

CDE(s): Bank of America, Building America CDE, Carver National Bank, GS New Markets Fund, National Community Investment Fund

The $64 million Halsey Street Workforce Housing project was the second phase of a larger Teachers Village development designed to revitalize downtown Newark, one of the country's most economically depressed

Halsey Street Teachers Village Worforce Housing B

Newark,
NJ
(2018)

Community, Daycare and Early Childhood, Grocery and Fresh Food, HFFI, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing, Youth and Families, Youth Program

CDE(s): Bank of America, Building America CDE, Carver National Bank, GS New Markets Fund, National Community Investment Fund

Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey.

Center for Urban Community Services

New York,
NY
(2007)

Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Nonprofit Hub, Youth and Families, Youth Program

CDE(s): Bank of America, PIDC Community Capital

The acquisition and renovation of a six-story commercial loft building for the Center for Urban Community Services to substantially expand its Career Network and Housing Resource Center.

Lotus Village

Miami,
FL
(2016)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Homeless Shelter, Shelters and Community Food, Youth and Families

CDE(s): Bank of America, Enterprise Community Partners, Florida Community Loan Fund

NMTC financing supported the Lotus Village project, a 100,000 sq. ft. comprehensive homeless services facility.

Asian American Drug Abuse Program

Los Angeles,
CA
(2008)

Addiction Treatment, Behavioral Health, Community, Healthcare

CDE(s): Bank of America

NMTC financing helped expand the facilities of AADAP, a social service provider.

Shannon West Homeless Youth Center

Las Vegas,
NV
(2016)

Behavioral Health, Community, Daycare and Early Childhood, Food Bank or Pantry, Healthcare, Homeless Services, Homeless Shelter, Shelters and Community Food, Youth and Families

CDE(s): Bank of America

The Shannon West Homeless Youth Center is a new 37,000 sq. ft. 86-bed homeless shelter for youth ages 16-24.

KIPP Jacksonville

Jacksonville,
FL
(2015)

Community, Schools

CDE(s): Bank of America

Construction of a not-for-profit open enrollment charter school with a renowned track record of preparing students from our nation's most educationally undeserved communities for success in college and life.

CASA Multicultural Center

Hyattsville,
MD
(2008)

Arts, Community

CDE(s): Bank of America, Enterprise Community Partners

CASA de Maryland, Inc., Maryland's largest advocacy group for Latinos and immigrants, redeveloped the historic McCormick-Goodhart Mansion in Langley Park, Md.