CDE: Carver National Bank

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

Pitkin Avenue Theatre Redevelopment

Brooklyn,
NY
(2010)

Mixed-use, Retail, Schools

CDE(s): Carver National Bank, Nonprofit Finance Fund, Rose Urban Green Fund, TruFund

The redevelopment of the Pitkin Avenue Theatre in Brownsville Brooklyn into a mixed-use project.

WL Concepts

Freeport,
NY
(2011)

Warehouse and Wholesale

CDE(s): Carver National Bank

Financing supported an office and warehouse for WL Concepts, a Service-Disabled, Veteran-Owned Small Business in Freeport in 2011. WL Concepts is a leader in creating innovative, visual, and three-dimensional displays,

NYCIDA Approves Assistance for New Fine Fare Supermarket in the Bronx

Community, Mixed-use

CDE(s): Carver National Bank

Fine Fare Supermarket Project

Bronx,
NY
(2010)

Community, Grocery and Fresh Food, Mixed-use, Retail

CDE(s): Carver National Bank

NMTC financing for the renovation of a vacant 19,000-sq. ft. building to house a brand new Fine Fare supermarket at 801 East Gun Hill Road in the Williamsbridge section of

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.

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.