CDE: Chase

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

South Coast

Fall River,
MA
(2017)

Grocery and Fresh Food, Retail

CDE(s): Chase, MassDevelopment

A former mall was redesigned as an open air plaza.

Lodge Cast Iron

South Pittsburg,
TN
(2021)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, Mid-City Community CDE, Pathway Lending, People Incorporated Financial Services

Project acquired and installed certain equipment and enhancements at the 3rd Street Foundry (collectively, the “New 3rd Street Equipment”) necessary to run a third production line. “Operations in our second

Grey’s Ferry Education and Wellness Center

Philadelphia,
PA
(2015)

Community, FQHCs

CDE(s): Chase, PIDC Community Capital

Not-for-Profit office building acquisition and rehabilitation into a nonprofit office, healthcare and social service space. Includes the Reed Street Health Center and the Grays Ferry Childhood Education Center.

Oak Point Property

Bronx,
NY
(2010)

Warehouse and Wholesale

CDE(s): Chase

Restaurant Wholesale Supplier: South Bronx developer Steven Smith has taken a bankrupt 28-acre illegal garbage dump and transformed it into a fresh food distribution hub with the potential to bring

The Tile Shop

Durant,
OK
(2013)

Retail, Warehouse and Wholesale

CDE(s): Chase, MetaFund, REI Development Corp

Tile company uses a vacant facility in Durant to expand its manufacturing process, creating 30 to 50 jobs.

Greater Danbury Community Health Center

Danbury,
(2014)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Chase, MHIC, Primary Care Development Corporation

A new 37,000 sq. ft. community health center.

Lincoln Electric Welding Technology and Training Center

Euclid,
OH
(2016)

College or Vocational Training

CDE(s): Chase, Cleveland Development Advisors, Development Fund of the Western Reserve

Construction of a new state-of-the-art facility that will focus on training welding educators and industry leaders.

Steelyard Commons

Cleveland,
OH
(2013)

Retail

CDE(s): Chase, Cleveland Development Advisors

In 2007 First Interstate properties transformed an abandoned steel mill into a regional shopping center with the creation of Steelyard Commons. Phase II(a) will build on the success of the

Charter Manufacturing Company, Inc.

Cleveland,
OH
(2017)

Manufacturing

CDE(s): Chase, Cleveland Development Advisors, Finance Fund, Northeast Ohio Development Fund

Acquisition of equipment and machinery for an owner-occupied steel and iron manufacturing company.

Saint Johns Community Hospital

Far Rockaway,
NY
(2021)

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

CDE(s): CCG Community Partners, Chase, NYCR-CDE

NMTC financing for the construction of a new 52,073 sq. ft., four-story health center located at 510 Beach 20th Street in Far Rockaway, NY.

Build, INC

Chicago,
IL
(2022)

Youth and Families

CDE(s): Chase, Chicago Development Fund, IFF, Local Initiatives Support Corporation

Construction of a headquarters for BUILD, a nonprofit that has worked for more than 50 years to help young people on the West Side of Chicago overcome systemic obstacles to

Northern Star Council

Saint Paul,
MN
(2017)

Recreation, Youth and Families

CDE(s): Chase, University Financial Corp.

Owned and operated by Northern Star Council, Basecamp's mission is to serve all youth through field trips, lock-ins, retreats, summer camps, private parties, and community group activities.

Benning Market

Washington ,
DC
(2021)

Community, FQHCs, Mixed-use, Retail

CDE(s): Capital Impact Partners, Chase, Enterprise Community Partners

2 buildings of multi-tenanted spaces including retail market space, light industrial, office and community facility healthcare space

PulCul

Chicago,
IL
(2021)

Restaurants and Catering, Retail

CDE(s): Chase

New construction of a 4,400 AF stand -alone commercial building that will be leased to operate a restaurant.

En Jung Kim

CDE(s): Chase

En Jung Kim is a Managing Director at JPMorgan Chase and Executive Director of Chase’s New Markets Tax Credit initiative.

HOPE Clinic Health and Wellness Center

Houston,
TX
(2021)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Chase, PeopleFund NMTC, Primary Care Development Corporation

A FQHC established to provide quality healthcare services to all people in the Greater Houston area, regardless of the patient’s ability to pay.

West End Boys and Girls Club

Allston,
MA
(2017)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): Chase, Low Income Investment Fund

Finance the renovation and expansion of a boys and girls club community facility to provide increased programming.

Alma del Mar Charter School

New Bedford,
MA
(2015)

Community, Schools, Youth and Families

CDE(s): Chase, MassDevelopment

Demolition of 100 year old school building, construction of new school building.

Gateway Center

Oberlin,
OH
(2014)

Community, Culinary Entrepreneurship, Mixed-use, Mixed-use and Commercial

CDE(s): Chase, Development Fund of the Western Reserve, Dudley Ventures

The Gateway Project is a LEED‐Platinum, mixed‐use development in Oberlin, Ohio’s new Green Arts District.

Vicente’s Tropical Grocery

Brockton,
MA
(2014)

Affordable Housing, Community, FQHCs, Grocery and Fresh Food, Healthcare, Historic Rehabilitation, Housing, Mixed-use

CDE(s): Chase, MHIC

Due to the lack of further expansion options at the existing store, Vicente's opened a second 33,416 sq. ft. store in downtown Brockton at 160 Pleasant Street in a very

Ednovate USC Hybrid High

Los Angeles,
CA
(2008)

Community, Schools, Youth and Families

CDE(s): Chase

Ednovate, Inc. is a Charter Management Organization designed and developed by the USC Rossier School of Education in 2012 to close the graduation gap for high-need students in Los Angeles.

Alstom Transportation

Hornell,
NY
(2021)

Business Development, Manufacturing, Rural

CDE(s): Bluehub, Chase, Community Development Venture Capital Alliance, Hampton Roads Ventures, Local Initiatives Support Corporation, Rural Development Partners

RDP allocated $10M in NMTCs to help Alstom expand their specialized manufacturing equipment line to rural America, and continue investing in Hornell (NY) as a key long-term U.S.

Shasta Community Health Center (Anderson)

Anderson,
CA
(2017)

Community, FQHCs, Healthcare

CDE(s): Chase, Primary Care Development Corporation

NMTC financing for Shasta Community Health Cente, a Federally Qualified Health Center that has been providing comprehensive primary health and dental care to residents of Shasta County, CA since 1988.

Heartland AG Systems

Great Bend,
KS
(2017)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Chase, Community Impact Fund, River Gorge Capital

River Gorge Capital used NMTC financing to provide working capital and to purchase inventory to facilitate growth of Heartland Ag's operations at a new wholesale facility. Heartland Ag services and

Cristo Rey Philadelphia

Philadelphia,
PA
(2017)

Community, Private School, Religious Organizations, Schools

CDE(s): Chase, City First, PIDC Community Capital, Telesis CDE Corporation

This private high school opened in 2012 through a unique partnership of local educators, businesses, and universities.

GMDC Ozone Park Industrial Center

Ozone Park,
NY
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, Enterprise Community Partners, NYC Neighborhood Capital Corporation

Acquistion and construction/rehab of prodcution space for small and mid-size manufacturers.

Mountain Park Health Center

Phoenix,
AZ
(2017)

Community, FQHCs, Healthcare

CDE(s): Chase, Maya Cinemas New Markets CDE

The renovation of a 21,000 square foot three-story building in order to expand an existing health clinic in Phoenix, Arizona.

Community Care Center

Brunswick,
GA
(2012)

Behavioral Health, Community, Dental Services, Healthcare

CDE(s): Chase, Local Initiatives Support Corporation

The Local Initiatives Support Corporation, in partnership with Chase, provided $14.25 million in NMTCs to Southeast Georgia Health System’s Community Care Center.

Aker BioMarine

Houston,
TX
(2013)

Business Development, Manufacturing

CDE(s): Chase, National New Markets Fund, Texas Mezzanine Fund

Aker BioMarine, a Norwegian biotechnology firm, is partnering with the French nutraceutical firm, Naturex Inc., to convert a vacant Dryer’s Grand Ice Cream facility into a biomarine manufacturing plant which

Humane Animal Rescue

Pittsburgh,
PA
(2016)

Community, Healthcare, Retail

CDE(s): Chase, Pittsburgh Urban Initiatives

Construction of a state-of-the-art Animal Resource Center in the Homewood Neighborhood.

Lakeshore Community Health Care

Sheboygan,
WI
(2017)

Adult Education, College or Vocational Training, Community, Food Manufacturing, FQHCs, Healthcare, Manufacturing, Mixed-use, Retail

CDE(s): Chase, Primary Care Development Corporation

NMTC financing supported improvements on 3 properties including healthy food production, employment training, retail, adult day services, and federally qualified health center provind urgent care.

Salt City Market Mixed-use

Syracuse,
NY
(2020)

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

CDE(s): Chase, Rose Urban Green Fund

New 78,000 sq. ft. mixed-use development that transforms a vacant lot, located at the intersection of 3 impoverished neighborhoods, into a mixed-use, multicultural, community hub.

Kanawha County Public Library

Charleston,
WV
(2020)

Community, Library

CDE(s): Chase, Community Ventures, Virginia Community Development Fund

Financing certain costs incurred or to be incurred in connection with the renovation and development of public library.

Kroger Fulfillment Center

Forest Park,
GA
(2020)

Business Development, Housing, Manufacturing, Mixed-use, Warehouse and Wholesale

CDE(s): BBIF, Chase, Mid-City Community CDE, United Fund Advisors

Construction of a 375,000 sq. ft. e-commerce grocery fulfillment center in Forest Park, Georgia.

RTG Medical

Fremont,
NE
(2020)

Community, Healthcare, Rural

CDE(s): Chase, Evernorth Rural Ventures, Finance Fund, Midwest Industrial Redevelopment Fund

The ground up development of a 54,000 sq. ft. Class A office building in Fremont, NE that will serve as the new headquarters for RTG Medical, a veteran-owned staffing agency

Penn Highlands/DuBois Regional Medical Center

DuBois,
PA
(2020)

Behavioral Health, Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Chase, Community Hospitality Healthcare Services, Primary Care Development Corporation

Construction of a new three-story, 51,700 SF behavioral health facility in the rural community of DuBois, PA.