CDE: Citibank

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

Ogala Lakota County School District

Porcupine,
SD
(2011)

Indian Country, Schools

CDE(s): Citibank, Dakotas America

This New Markets Tax Credit (NMTC) transaction financed the major rehabilitation and expansion of a Oglala Lakota County School District K-8 public school. Located near Rockyford, South Dakota, the school

Loma Linda University Medical

San Bernardino,
CA
(2015)

College or Vocational Training, FQHCs

CDE(s): BRIDGE COMMUNITY DEVELOPMENT, Citibank, Urban Research Park CDE

NMTC financing supported the construction of a health clinic at Loma Linda University.

Muller Residential Job Training Center

Bronx,
NY
(2015)

Addiction Treatment, Behavioral Health, Homeless Services, Vocational Training

CDE(s): Citibank, Dudley Ventures

Redevelopment of Army Reserve Center for use as a 200-bed residential job training facility for the homelessTransitional Housing Job Training Facility for Homeless. The Muller Residential Job Training Facility is

New York City Regional Center Managed Entity Closes First New Market Tax Credit Transaction

Business Development, Food Manufacturing, Grocery and Fresh Food, HFFI, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): Chase, Citibank, Hampton Roads Ventures, Mid-City Community CDE, Urban Action Community Development

Citi, New Markets Community Capital, and MBS Urban Initiatives Partner with rPlanet Earth to Create High-Quality Jobs and Increase Availability of Recycled Materials in Southern California

Business Development, Manufacturing, Waste Management

CDE(s): Citibank, MBS Urban Initiatives, TELACU

One Gurney Street | Apartments at Roxbury Crossing

Boston,
MA
(2016)

Affordable Housing, Community, Housing, Mixed-use, Mixed-use and Commercial, Retail, Transit Oriented Development

CDE(s): Citibank

New five-story mixed-use transit-oriented building featuring 40 affordable apartment residences, 27,000 sq. ft. of office space and 4,577 sq. ft. of retail.

Bedford-Union Courts Armory

Brooklyn,
NY
(2019)

Affordable Housing, Community, Food Bank or Pantry, FQHCs, Healthcare, Homeless Services, Housing, Incubator, Mixed-use, Nonprofit Hub, Shelters and Community Food

CDE(s): Citibank, National Community Investment Fund, NYCR-CDE, Wells Fargo

The redevelopment of the historic Bedford-Union Armory located in the Crown Heights community in Brooklyn.

Community Medical Centers

Fresno,
CA
(2008)

Community, FQHCs, Healthcare, Hospitals and Emergency Services

CDE(s): Citibank, TruFund, United Fund Advisors

Community Medical Centers, the largest and most comprehensive hospital system in California’s San Joaquin Valley, developed the Deran Koligian Ambulatory Care Center to increase medical services to surrounding underserved communities.

rPlanet Earth Los Angeles, LLC

Vernon,
CA
(2016)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals, Waste Management

CDE(s): Citibank, MBS Urban Initiatives, TELACU

NMTC financing supported a new facility for rPlanet Earth, a new company that is bringing more efficient polyethylene terephthalate (PET) recycling to the United States.

Sharp Medical Center

San Diego,
CA
(2011)

Behavioral Health, Community, Healthcare, Veterans Services

CDE(s): Citibank, Lowe Economic Development Company, TELACU

$15.7 million to construct a new, 68,000 sq. ft. replacement facility for Sharp HealthCare in downtown San Diego.

Cristo Rey St. Viator College Preparatory

North Las Vegas,
NV
(2018)

Arts, Community, Daycare and Early Childhood, Private School, Recreation, Religious Organizations, Schools, Youth and Families, Youth Program

CDE(s): Citibank, Prestamos CDFI

Construction of a 98,000 sq. ft. educational campus, including two buildings: an academic and administrative building and an athletic and recreational building.

Camillus House 2

Miami,
FL
(2015)

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

CDE(s): Citibank, Urban Action Community Development

A full-service center offering a comprehensive system of care for the over 4,000 homeless individuals in Miami-Dade County.

Mattapan Community Health Care Center

Mattapan,
MA
(2011)

Behavioral Health, Community, FQHCs, Healthcare, Retail, Retail and Commercial

CDE(s): Citibank, United Fund Advisors

A critically needed, new community health facility and retail hub for Boston.

MLK Wellness Center

Los Angeles,
CA
(2019)

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

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

A 52,000 sq. ft. medical office building anchored by the MLKCH Community Medical Group.

Harlem Gallery of Science

Harlem,
NY
(2018)

Arts, Community, Daycare and Early Childhood, Museums, Youth and Families

CDE(s): Citibank

Science and Arts Engagement New York is a nonprofit organization committed to increasing the representation of young men and women of color age 15 to 25 in the science, tech,

Summer Town Estates

Dededo,
GU
(2016)

Affordable Housing, Community, Historic Rehabilitation, Historic Tax Credit, Housing, Mixed-use, Restaurants and Catering, Retail and Commercial

CDE(s): Citibank

CBO Financial funded $5.0M in New Markets Tax Credit financing for the Summer Town Estates Commercial Center.

Pullman Community Center

Chicago,
IL
(2018)

Community, Community Center, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Recreation, Youth and Families

CDE(s): Citibank, National Community Investment Fund, USBCDE

The center provides sports and recreational opportunities to low-income residents on Chicago's south side. Individuals, housing authority residents and local teams is able to utilize the facility at reduced rates.

GMDC McKibbin Street Industrial Center

Brooklyn,
NY
(2008)

Business Development, Historic Rehabilitation, Historic Tax Credit, Manufacturing

CDE(s): Citibank, TruFund, United Fund Advisors

An old factory becomes affordable workspace, allowing businesses and jobs to remain in Brooklyn.

LA Central

Bronx,
NY
(2019)

Affordable Housing, Community, Daycare and Early Childhood, HFFI, Infrastructure, Mixed-use, Retail, Retail and Commercial, Transportation and Ports, Youth and Families

CDE(s): Citibank, Dudley Ventures

A catalyst for economic development will supply 992 units of much needed affordable housing, community-serving retail space and community facility space to a low-income neighborhood.

Fresh Direct

Bronx,
NY
(2015)

Business Development, Food Manufacturing, Grocery and Fresh Food, HFFI, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): Chase, Citibank, Hampton Roads Ventures, Mid-City Community CDE, Urban Action Community Development

Financing for a fresh food focused supplier supporting efforts to expand healthy foods access.

Boricua College

Bronx,
NY
(2007)

Adult Education, Affordable Housing, College or Vocational Training, Community, Higher Education, Housing, Retail, Retail and Commercial

CDE(s): Citibank, Enterprise Community Partners, TruFund

The Boricua College project is the new construction of a 120,000 sq. ft. academic and administrative building for Boricua College in the Bronx.

Whittier Street Health Center

Boston,
MA
(2010)

Community, Fighting Cancer, FQHCs, Healthcare

CDE(s): Citibank, Enterprise Community Partners

The new construction of a six-story, 78,900 sq. ft. community health facility for the Whittier Street Health Center Committee, Inc.

New look at Bronx’s La Central affordable housing complex as it nears phase two

Historic Rehabilitation, Mixed-use and Commercial

CDE(s): Citibank, Dudley Ventures

A catalyst for economic development will supply 992 units of much needed affordable housing, community-serving retail space and community facility space to a low-income neighborhood.