MBS Urban Initiatives Archives

2021

San Jose, CA | 18th District

Sacred Heart Community Services

Partners for the Common Good USBCDE

The NMTC financing supported the renovation of a two-story, 12,000 sq. ft. building in San Jose to provide additional…

2016

Midland, TX | 11th District

West Texas Food Bank

MBS Urban Initiatives USBCDE

NMTC financing supported new construction of a 11,150 sq. ft. facility for food bank education and programming, food storage,…

2020

Ponce, PR | At-Large District

Ponce Health Sciences University

Community Hospitality Healthcare Services MBS Urban Initiatives Primary Care Development Corporation Valued Advisor Fund

The development of a state of the art 134,251 sq. ft. Academic Center, replacing and expanding facilities destroyed during…

2022

Birmingham, AL | 7th District

1917 Clinic at Dewberry and the Magic City Wellness Center

CCG Community Partners Gulf Coast Housing Partnership USBCDE

This transaction will provide additional benefit to a multi-tenant health care and wellness facility serving low-income, uninsured, and under-insured…

2017

Cincinnati, OH | 1st District

Madcap Education Center

Cincinnati Development Fund USBCDE

NMTC supported renovation and expansion of an existing building for use as The Madcap Education Center….

2019

Milwaukee, WI | 4th District

EagleKnit

First-Ring Industrial Redevelopment Enterprise Forward Community Investments USBCDE

Rehabilitation of historic building into a 107,500 sq. ft. mixed-use innovation hub….

2021

Seattle, WA | 7th District

Byrd Barr Place

Enterprise Community Partners USBCDE

The preservation and substantial renovation of Firehouse 23, a two-story, 11,000 sq. ft. former fire station in the Central…

2015

Durant, OK | 2nd District

Commercial Metals Company

Midwest Renewable Capital National New Markets Fund REI Development Corp. USBCDE

NMTC financing for the construction of an environmentally sustainable steel manufacturing facility in Durant, OK….

2018

Pine Ridge, SD | At-Large District

GROW Wolf Creek School

Dakotas America USBCDE

Expansion and renovation of a South Dakota public school located within the Oglala Lakota Nation. …

2018

Bay Minette, AL | 5th District

Coastal Alabama Community College – Bay Minette Campus

United Bank of Alabama USBCDE

This LEED Certified project consists of a new 2-story, approximately 42,000 square feet detached educational & administration building for…

2020

Charlotte, NC | 14th District

Habitat for Humanity of Charlotte, Inc.

USBCDE

This project will utilize NMTC financing to acquire, renovate and sell 28 affordable homes to families with low incomes….

2017

Los Angeles, CA | 34th District

Joshua House Health Center

Capital Impact Partners Los Angeles Development Fund Nonprofit Finance Fund USBCDE

The Joshua House Federally Qualified Health Center is a new facility that will be operated by the Los Angeles…

CDE: MBS Urban Initiatives

Project Profiles

2021

Sacred Heart Community Services

2016

West Texas Food Bank

2020

Ponce Health Sciences University

2022

1917 Clinic at Dewberry and the Magic City Wellness Center

2017

Madcap Education Center

2019

EagleKnit

2021

Byrd Barr Place

2015

Commercial Metals Company

2018

GROW Wolf Creek School

2018

Coastal Alabama Community College – Bay Minette Campus

2020

Habitat for Humanity of Charlotte, Inc.

2017

Joshua House Health Center

Recent Allocation Awards (2018-2021):