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CDE: GS New Markets Fund

GS New Markets Fund website

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

National Urban League Empowerment Center in Harlem (2020)

Harlem, NY
NMTC allocation to assist with the construction of the National Urban League Empowerment Center.
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Kearny Point Building 197 (2017)

Kearny, NJ
A 130-acre former federal shipyard transformed into an environmentally sustainable business hub for innovation and economic growth.
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Aerofarms – VEGS1 (2018)

Newark, NJ

Improvement of a light industrial building and its temperature control systems to improve the operations of aeroponic vertical farming company; Industrial facility anchored by fresh food grower and distributor.

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$250M Lighthouse Point project taking shape on Staten Island waterfront ()

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Fairmont Creamery (2013)

Cleveland, OH

The 5-story Fairmont Creamery was constructed in 1930 and has been vacant since 1980. In addition to providing much needed housing and commercial space for the neighborhood, the redevelopment of

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Brooklyn Navy Yard, Building 128 (2012)

Brooklyn, NY
Three CDEs turned a deserted, rotted-out structure and turned it into a hub for job creation.
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Brooklyn Navy Yard, Building 127 (2018)

Brooklyn, NY
Renovation of Building 127 into a light industrial and innovative office space
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Brooklyn Navy Yard, Building 77 (2014)

Brooklyn, NY
NMTC financing transforms vacant structure into world-class center for manufacturing and workforce development.
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Wheatley School Facility Foundation, Inc. (2013)

New Orleans, LA
The Phillis Wheatley pre-K-8 School project brought a state-of-the-art facility to the impoverished Iberville-Tremé neighborhood of New Orleans.
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David L. Podell House – Educational Alliance of NY (2012)

New York, NY
A $51.5 million one-of-a-kind community facility is now home to early childhood education programs, youth development and education programs, mental health counseling, art education programs for young artists and seniors,
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Aerofarms/Makers Village (2015)

Newark, NJ
  • Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, HFFI, Incubator, Manufacturing, Retail
  • CDEs: Dudley Ventures, GS New Markets Fund
AeroFarms, a mission-driven company, developed a 69,000 sq. ft. industrial site into the world's largest indoor vertical farm for baby leafy greens, producing up to 2 million pounds annually.
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Lighthouse Point (2016)

Staten Island, NY
Mixed-use development brought fresh food, accessible healthcare and job opportunities to a highly distressed community in the South Bronx.
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Flance Early Learning Center (2013)

Saint Louis, MO
  • Community, Daycare and Early Childhood, FQHCs, Healthcare, Youth and Families
  • CDEs: GS New Markets Fund
An innovative community facility that offers exceptional care and education for 154 children and their families in a child-focused, center-based, and diverse learning environment.
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The Armory – Gerding Theater (2004)

Portland, OR
A broad coalition of project partners envisioned a historic rehabilitation of the unique building as a world class theater and community space, designed to achieve the US Green Building Council's
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Halsey Street Teachers Village Workforce Housing A (2012)

Newark, NJ
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
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Halsey Street Teachers Village Worforce Housing B (2018)

Newark, NJ
Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey.
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The ReFresh Project (2013)

New Orleans, LA
  • Community, Community Kitchen, Food Manufacturing, HFFI, Manufacturing, Mixed-use, Retail, Schools
  • CDEs: Chase, GS New Markets Fund
As part of an overall neighborhood vision for the Broad Street Commercial Corridor in New Orleans, the ReFresh Project is helping to drive revitalization.
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Odyssey House Louisiana (2017)

New Orleans, LA
  • Addiction Treatment, Behavioral Health, Community, Community Kitchen, Culinary Entrepreneurship, Disaster Recovery, Food Bank or Pantry, FQHCs, Healthcare, Historic Rehabilitation, Historic Tax Credit, Homeless Services, Katrina, Shelters and Community Food
  • CDEs: Enterprise Community Partners, GS New Markets Fund
Abandoned automotive facility transformed into health center, empowering people to overcome addiction.
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City Point (2012)

Brooklyn, NY
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.
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Triangle Plaza Hub (2013)

Bronx, NY
Mixed-use development to bring fresh food, accessible healthcare and job opportunities to a highly distressed community in the South Bronx.
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