CDE: Low Income Investment Fund

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

The Front Porch at Auburn Avenue

Atlanta,
GA
(2022)

Affordable Housing, Community, Housing, Retail, Retail and Commercial

CDE(s): Atlanta Emerging Markets, Capital One, Low Income Investment Fund, The Reinvestment Fund

A mixed-use development in Atlanta’s historic Sweet Auburn corridor (birthplace of Martin Luther King Jr.) called the Front Porch.

St. John’s Bread and Life

Brooklyn,
NY
(2009)

Community, Food Bank or Pantry, Shelters and Community Food

CDE(s): Low Income Investment Fund

NMTC financing for an emergency food provider in Brooklyn

YMCA of the East Bay’s Cherryland Early Learning Center

Hayward,
CA
(2021)

Behavioral Health, Head Start, YMCAs and YWCAs, Youth and Families

CDE(s): Low Income Investment Fund

This was a renovation of a facility to house the early learning center. All of the 80 children will be served under the Head Start or Early Head Start programs.

KIPP Charter School

New Orleans,
LA
(2017)

Community, Public School, Schools, Youth and Families

CDE(s): Capital One, Low Income Investment Fund, Partners for the Common Good

NMTC financing from LIIF, Partners for the Common Good and Capital One to build a facility for kindergarten through 8th grade students

Part of the Solution

Bronx,
NY
(2010)

FQHCs, Healthcare, Shelters and Community Food

CDE(s): Low Income Investment Fund

Part of the Solution, one of the first emergency food providers in the Bronx, expanded its current facility to house its entire staff, volunteers and current programs that offer free

New Markets Tax Credit Financing Paves the Way for a New Medical Center in Hilltop

Community, FQHCs, Healthcare

CDE(s): Grow America, Low Income Investment Fund, USBCDE

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.

Eastside Community Center Tacoma

Tacoma,
WA
(2017)

Boys and Girls Clubs, Community, Community Center, Indian Country, Recreation, Youth and Families

CDE(s): Low Income Investment Fund, Northern Trust, RBC Community Development

Development of Eastside Community Center Tacoma, a 55,000 sq. ft. facility operated in connection with Boys & Girls Clubs of South Puget Sound.

Hilltop Regional Health Center

Tacoma,
WA
(2012)

Community, FQHCs, Healthcare

CDE(s): Grow America, Low Income Investment Fund, USBCDE

Financing for a FQHC providing medical and dental services for 17,000 patients annually, offering quality health care in a 59,000-square-foot state-of-the art facility.

Mt. Pleasant Home

Jamaica Plain,
MA
(2010)

Community, Healthcare

CDE(s): Capital Impact Partners, Low Income Investment Fund

NMTC financing for a Retirement home and health clinic

Rocketship Discovery Prep

San Jose,
CA
(2011)

Community, Schools, Youth and Families

CDE(s): Low Income Investment Fund

LIIF provided Launchpad Development Company with NMTC financing for the development for Rocketship Discovery Prep in San Jose, California.

Bronx Lighthouse Academy

Bronx,
NY
(2011)

Community, Schools, Youth and Families

CDE(s): Low Income Investment Fund

Through a partnership with JPMorgan Chase, LIIF provided Bronx Lighthouse Charter School NMTC financing to build a new high school in the South Bronx.

Animo South Los Angeles High School

Los Angeles,
CA
(2009)

Community, Schools, Youth and Families

CDE(s): Low Income Investment Fund

LIIF’s investment in the development of a campus for high-performing charter schools in Los Angeles, CA.

Shasta Community Health Center (Redding)

Redding,
CA
(2014)

Community, Healthcare

CDE(s): California Statewide Communities Development Corporation, Low Income Investment Fund

NMTC financing helped the Shasta Community Health Center to fund Phase III of an expansion project for SCHC’s main medical facility in Redding, California.

Urban Community School Education and Wellness Campus

Cleveland,
OH
(2019)

Behavioral Health, Community, Daycare and Early Childhood, Dental Services, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): Grow America, Low Income Investment Fund, PNC

Development of a project, including a 17,400 square foot early childhood and parent development center, a 32,650 square foot federally qualified health center with a 115 square foot food bank

Mission Neighborhood Centers

San Francisco,
CA
(2020)

Affordable Housing, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Low Income Investment Fund

NMTC financing supported the Mission Neighborhood Centers project.

Town Hall Education Arts Recreation Campus

Washington,
DC
(2016)

Adult Education, Affordable Housing, Arts, Boys and Girls Clubs, Children's Hospital, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Housing, Mixed-use, Recreation, Schools, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): City First, Enterprise Community Partners, Low Income Investment Fund, Truist

Mixed use facility including a children's hospital, school and early childhood agency services to low-income people.

DC Prep 1

Washington,
DC
(2014)

Community, Schools

CDE(s): Bank of America, City First, Low Income Investment Fund, Telesis CDE Corporation

By transforming a deserted block of former warehouses in Ward 5 into an award-winning elementary and middle school, and a former DCPS facility into a state-of-the-art learning space in Ward

St. Anthonys Foundation

San Francisco,
CA
(2013)

Community, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Shelters and Community Food

CDE(s): Bank of America, Low Income Investment Fund

The build-out of a new kitchen, dining room, clothing distribution center, food pantry and social work center.

Mission Kids

San Francisco,
CA
(2019)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Low Income Investment Fund

Development of a new facility to operate and expand an Early Care and Education program.

Ravenswood Family Health Center

Palo Alto,
CA
(2015)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Accion Opportunity Fund, Low Income Investment Fund, Primary Care Development Corporation

Financing for Ravenswood to move out of modular buildings with limited space and services.

Oceano Community Health Center of the Central Coast

Oceano,
CA
(2016)

Community, FQHCs, Healthcare

CDE(s): Low Income Investment Fund, USBCDE

The facility is a primary care health clinic serving seasonal and migrant farm workers residing in the southern part of the San Luis Obispo County.

Essex Crossing

New York,
NY
(2015)

Affordable Housing, Community, Community Center, Creative Farming, Mixed-use, Retail, Timber and Agriculture

CDE(s): Enterprise Community Partners, Low Income Investment Fund, Wells Fargo

Essex Crossing includes 1,000 residential for-sale and rental units, a 15,000 sq. ft. public park, a 10,000 sq. ft. rooftop urban farm and 1.9 million sq. ft. of residential, commercial,

Kingsley House

New Orleans,
LA
(2015)

Community, Daycare and Early Childhood, Disability Services, Educare, Head Start, Youth and Families

CDE(s): Chase, Low Income Investment Fund

NMTC financing for the Kingsley House, a United Way Community Impact Partner and nationally renowned as the oldest Settlement House in the South, has served more than half a million

Martha O’Bryan – Explore Community School

Nashville,
TN
(2018)

Community, Daycare and Early Childhood, Grocery and Fresh Food, HFFI, Library, Retail, Retail and Commercial, Schools, Youth and Families, Youth Program

CDE(s): Low Income Investment Fund, Nonprofit Finance Fund, Truist

A vibrant educational K - 8 charter school in one of Nashville's lowest income neighborhoods.

Crosstown Concourse

Memphis,
TN
(2014)

Affordable Housing, Arts, Community, Grocery and Fresh Food, Healthcare, Historic Tax Credit, Housing, Mixed-use, Recreation, Retail, Retail and Commercial, Schools, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): Dudley Ventures, Low Income Investment Fund, Mid-City Community CDE, Midwest Renewable Capital, National Trust Community Investment Corporation, Truist

Crosstown Concourse offers approximately 635,122 sf. of commercial, retail and mixed-residential space and 269 apartments consisting of 12 micro units, 24 studios, 64 one-bedroom, 155 two-bedroom and 8 three-bedroom apartments.

Math and Science Prep

Los Angeles,
CA
(2016)

Community, Schools

CDE(s): L.A. Charter School New Markets CDE, Low Income Investment Fund

NMTC financing supported the Math and Science Prep project.

Ednovate East College Prep

Los Angeles,
CA
(2018)

Community, Daycare and Early Childhood, Healthcare, Schools, Youth and Families

CDE(s): Civic Builders, Low Income Investment Fund, USBCDE

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.

Alliance Broadway Schools

Los Angeles,
CA
(2011)

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

CDE(s): Genesis LA CDE, Local Initiatives Support Corporation, Low Income Investment Fund

Financing for permanent facilities for two Alliance schools: the existing College-Ready Middle School #5, which had outgrown the Boys and Girls Club on Pasadena Avenue, and the College-Ready High School

Lafayette YMCA

Lafayette,
IN
(2017)

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

CDE(s): Cinnaire New Markets, Low Income Investment Fund, PNC

In 2017, ground was broken on a $28M facility that houses a new Lafayette Family YMCA.

Lighthouse for Children

Fresno,
CA
(2013)

Community, Daycare and Early Childhood, Head Start, Youth and Families

CDE(s): Central Valley NMTC, Low Income Investment Fund

The 44,000-sq. ft. Lighthouse for Children project created a new 15,000 sq. ft. child care center, 10,000 outdoor play space, 10,000 sq. ft. community learning center, 7,500 sq. ft. of

YMCA Fort Worth

Fort Worth,
TX
(2017)

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

CDE(s): Low Income Investment Fund, PNC

NMTC financed development of a 35,000 sq. ft. community space for the McDonald Southeast YMCA.

Triangle Plaza Hub

Bronx,
NY
(2013)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Grocery and Fresh Food, Healthcare, HFFI, Mixed-use, Retail, Retail and Commercial, Youth and Families

CDE(s): GS New Markets Fund, Low Income Investment Fund, United Fund Advisors

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

Community Servings

Boston,
MA
(2018)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food, Youth and Families

CDE(s): Low Income Investment Fund, Nonprofit Finance Fund

Community Servings is a nonprofit food and nutrition program providing services throughout Massachusetts and in Rhode Island to individuals and families living with critical and chronic illnesses.

Remington Row Phase 1

Baltimore,
MD
(2014)

Affordable Housing, Community, Healthcare, Housing, Mixed-use, Retail

CDE(s): Bank of America, Enterprise Community Partners, Low Income Investment Fund

Remington Row is a 250,000 sq. ft. mixed-use, new construction project in the heart of the Remington neighborhood in Baltimore, Maryland.

Charles R. Drew Jr. Charter Schools

Atlanta,
GA
(2013)

Arts, Community, Schools, Theaters and Performing Arts Spaces

CDE(s): CAHEC, Low Income Investment Fund, PNC, Truist, Urban America

The construction of a new 200,000 sq. ft. educational facility and grow to include a high school.