CDE: Local Initiatives Support Corporation

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

Boys and Girls Club of San Antonio – May’s Family Clubhouse

San Antonio,
TX
(2017)

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

CDE(s): Local Initiatives Support Corporation

Financing for the Boys and Girls Club of San Antonio - May’s Family Clubhouse

Ovenly

Brooklyn,
NY
(2018)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Local Initiatives Support Corporation

$600,000 working capital for bakery based in Brooklyn, NY with a focus on quality job creation and providing jobs to formerly incarcerated people.

Powel Elementary School and Science Leadership Academy Middle School

Philadelphia,
PA
(2019)

Community, Schools

CDE(s): Building America CDE, Local Initiatives Support Corporation, PIDC Community Capital, PNC

To expand educational opportunities for children and support families in West Philadelphia, Drexel University undertook the challenge of expanding the capacity and improving the facilities of two existing neighborhood public

Blumenthal Brothers Chocolate Factory

Philadelphia,
PA
(2024)

Manufacturing

CDE(s): Local Initiatives Support Corporation, National Trust Community Investment Corporation, PIDC Community Capital

A renovated community space in Philadelphia, PA is now home to youth and education programs

Astoria Co-Op

Astoria,
OR
(2018)

Grocery and Fresh Food, Retail, Retail and Commercial, Rural

CDE(s): Local Initiatives Support Corporation

Provided $3,000,000 construction loan to build shell for a co-op grocery store in Astoria, Oregon.

RGD Construction

Hawthorne,
CA
(2020)

Professional Services, Retail and Commercial

CDE(s): Local Initiatives Support Corporation

NMTC financing supported the RGD Construction project.

Flint Early Education Center

Flint,
MI
(2017)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Consortium America, IFF, Local Initiatives Support Corporation

Construction of a new state-of-the-art early childhood education center for the children affected by the Flint water crisis.

Educare Arizona

Phoenix,
AZ
(2011)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Local Initiatives Support Corporation, Wells Fargo

Early education center with an on-site health clinic and family support training center.

Travelers Hotel

Clarksdale,
MS
(2018)

Business Development, Community, Rural

CDE(s): Local Initiatives Support Corporation

NMTC financing supported a construction loan for the rehabilitation of historic hotel in Clarksdale, MS, run by an artist co-op.

Houston Food Bank 2

Houston,
TX
(2010)

Community, Harvey, Shelters and Community Food

CDE(s): CRFUSA, Grow America, Local Initiatives Support Corporation

The construction of a warehouse for Houston Food Bank, a freezer/distribution facility.

Northwest Harvest

Kent,
WA
(2006)

Community, Shelters and Community Food

CDE(s): Local Initiatives Support Corporation

Acquisition and build-out of a new 94,225 sq. ft. warehouse facility for Northwest Harvest, the only statewide hunger relief agency in Washington.

Jesse Ball Dupont

Jacksonville,
Fl
(2014)

Community, Mixed-use, Nonprofit Hub

CDE(s): Chase, Consortium America, Florida Community Loan Fund, Local Initiatives Support Corporation

The Jessie Ball duPont Center provides nonprofit office space, community meeting space, and individual / group co-working space in downtown Jacksonville.

Detroit People’s Food Commons Development

Detroit,
MI
(2022)

Community, Incubator, Mixed-use

CDE(s): Local Initiatives Support Corporation, Michigan Community Capital, USBCDE

This project will finance the construction of a 31,000 sq. ft. multi use development of a co-op grocery store in the Central Woodward neighborhood of Detroit, Michigan.

Chase Eastside Legacy Center

Indianapolis,
IN
(2011)

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

CDE(s): Local Initiatives Support Corporation

John H. Boner Community Center, an education and recreation center with a practice field, a track and an outside greenhouse.

New Settlement Community Center

Bronx,
NY
(2011)

Community, Daycare and Early Childhood, Public School, Recreation, Schools, Youth and Families

CDE(s): Local Initiatives Support Corporation

Construction of a 172,000 sq. ft. building that includes a 24,000 sq. ft. community center with an indoor pool financed through NMTC program, and a 148,000 sq. ft. public school.

Child Advocacy Center of BestSelf

Buffalo,
NY
(2022)

Behavioral Health, Community, FQHCs

CDE(s): Local Initiatives Support Corporation

This transaction supports for the new home for the Erie County Child Advocacy Center and headquarters for BestSelf. BestSelf Behavioral Health is the largest community-based additional program locations. BestSelf is

Church Hill North Retail Center

Richmond,
VA
(2018)

Affordable Housing, Community, Culinary Entrepreneurship, Daycare and Early Childhood, Grocery and Fresh Food, Healthcare, Housing, Mixed-use, Retail, Retail and Commercial, Schools, Youth and Families

CDE(s): Bluehub, Capital One, City First, Local Initiatives Support Corporation

Construction loan for mixed-use development with grocery store, pharmacy, credit union, community space.

Project HOME

Philadelphia,
PA
(2013)

Adult Education, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Shelters and Community Food

CDE(s): Local Initiatives Support Corporation, PNC

Financing for an organization providing support services and shelters for the homeless and people in poverty.

Spokane Y

Spokane,
WA
(2007)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Recreation, Shelters and Community Food, YMCAs and YWCAs, Youth and Families

CDE(s): Grow America, Local Initiatives Support Corporation, USBCDE

The Spokane Central Y, a joint project between the YWCA of Spokane and the YMCA of the Inland Northwest.

Martha’s Table

Washington,
DC
(2017)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Capital Impact Partners, City First, Corporation for Supportive Housing, Local Initiatives Support Corporation, Morgan Stanley

New headquarters for a social service organization offering early childhood education, youth and parent engagement programs, healthy food, and other services. Also located on site - The Commons, Community Of

The Center for Pursuit

Houston,
TX
(2020)

Adult Education, Behavioral Health, College or Vocational Training, Community, Healthcare, Mixed-use, Nonprofit Hub, Restaurants and Catering, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Local Initiatives Support Corporation, PeopleFund NMTC, Texas Mezzanine Fund, Urban Development Fund (Aries Capital)

Financing to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities.

Bethany House Services

Cincinnati,
OH
(2021)

College or Vocational Training, Healthcare, Nonprofit Hub, Vocational Training, Youth Program

CDE(s): Cincinnati Development Fund, Local Initiatives Support Corporation, PNC

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to significantly streamline its operations and expand its physical capacities.

Marshall County Life Center

Plymouth,
IN
(2018)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Nonprofit Hub, Recreation, Rural, Youth and Families

CDE(s): French Lick Redevelopment CDE, Local Initiatives Support Corporation

Construction loan for community learning and health center.

Augusta Hub for Community Innovation

Augusta,
GA
(2021)

Boys and Girls Clubs, Community, Daycare and Early Childhood, FQHCs, Incubator, Nonprofit Hub, Recreation

CDE(s): Carver State Bank, CRFUSA, Local Initiatives Support Corporation, Truist

The HUB for Community Innovation is an outreach center in Augusta’s Harrisburg community.

MLK Community Hospital (MLKCH)

Los Angeles,
CA
(2023)

Hospitals and Emergency Services

CDE(s): Clearinghouse CDFI, Ecotrust, Local Initiatives Support Corporation, Urban Action Community Development

Urban Action Community Development (“UACD”) deployed $8.75 million in Round 18 NMTC allocation to the Martin Luther King Jr Community Healthcare (“MLKCH” and “Hospital”) located in the heart of South

Heritage Park Elder Community Center

Minneapolis,
MN
(2010)

Adult Daycare, Community, Daycare and Early Childhood, FQHCs, Healthcare, Nursing Homes and Hospice, Youth and Families

CDE(s): Local Initiatives Support Corporation

Elderly with a clinic, an adult daycare, a fitness center and office space for social service provider

New Settlement Community Center

New York,
NY
(2013)

Behavioral Health, Community, Schools

CDE(s): Local Initiatives Support Corporation

Renovation of a former high school facility into a 24,000 sq. ft. state-of-the-art community center/K-12 school

The Crossing at Brick Church

East Orange,
NJ
(2022)

FQHCs, Mixed-use

CDE(s): Dudley Ventures, Enterprise Community Partners, Local Initiatives Support Corporation, Mid-City Community CDE, New Jersey Community Loan Fund, PNC, The Reinvestment Fund, Urban Action Community Development

The Crossings at Brick Church Station is an urban, mixed-use redevelopment anchored by a 68,000 sq. ft. ShopRite Supermarket, 24,000 sq. ft. of retail space including 2,000 sq. ft. of

Chicago Prep/Amped Kitchens Chicago

Chicago,
IL
(2019)

Business Development, Community, Food Manufacturing, Incubator, Manufacturing, Schools

CDE(s): Consortium America, FirstPathway Community Development, Local Initiatives Support Corporation, SCORE

NMTCs bring food manufacturers to Chicago

The Innovation Hub at 16 Tech

Indianapolis,
IN
(2019)

Adult Education, Affordable Housing, College or Vocational Training, Community, Culinary Entrepreneurship, Historic Rehabilitation, Housing, Incubator, Makerspace, Manufacturing

CDE(s): Indianapolis Redevelopment CDE, Local Initiatives Support Corporation, Urban Action Community Development

NMTC financing turns abandoned building into a hub for entrepreneurship and opportunity

Colusa Indian Community Council (CICC) Healthcare

Colusa,
CA
(2024)

Healthcare

CDE(s): Grow America, Local Initiatives Support Corporation, TruFund

Development of two medical clinic operations in separate locations in rural Colusa County, California. The first is the rehabilitation of a former grocery store into the 17,000 square foot Valley

Warsaw Avenue Creative Campus II

Cincinnati,
OH
(2024)

Manufacturing

CDE(s): Local Initiatives Support Corporation

A redevelopment project in Cincinnati, OH added much-needed housing and supported local construction jobs

Unicom-X

Deering,
AK
(2023)

Broadband

CDE(s): Alaska Growth Capital, Local Initiatives Support Corporation

Unicom, Inc., (a GCI Communication Corp. (GCI) subsidiary) is expanding broadband internet into two rural, Alaska Native communities (Deering and Kivalina) in Alaska’s Northwest Arctic Borough. Building on more than

Lac Courte Oreilles Community Health Center

Hayward,
WI
(2023)

FQHCs

CDE(s): Forward Community Investments, IFF, Impact Seven, Local Initiatives Support Corporation, USBCDE

Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin builds a tribal state-of-the-art clinic addressing healthcare, behavioral health, dental and pharmaceutical needs

Bay Area Tech High School

Oakland,
CA
(2023)

Schools

CDE(s): Local Initiatives Support Corporation, Raza Development Fund, Wells Fargo

NMTC funding was used for the purchase and redevelopment of a 22,000 sq. ft. abandon historic theater. The space will be occupied by Bay Tech STEM, an established charter school.

DTN Ventures

Mesa,
AZ
(2021)

Business Development

CDE(s): Local Initiatives Support Corporation

New building allows business to expand in Mesa.