CDE: MBS Urban Initiatives

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

TAG Truck Center and Technical Institute

Memphis,
TN
(2017)

Adult Education, College or Vocational Training, Community, Manufacturing, Retail, Vocational Training, Warehouse and Wholesale

CDE(s): MBS Urban Initiatives, Stonehenge Community Development, Truist

Development of a 188,740 sq. ft. facility for sale, service, training and parts distribution for diesel trucks.

Rainbow Village

Kansas City,
KS
(2016)

Business Development, Community, Healthcare

CDE(s): Central Bank of Kansas City, MBS Urban Initiatives

The new construction of an extended-stay Home2Suits by Hilton hotel and remodel of an Applebee's restaurant on the south side of Kansas City, KS.

Vecino Health Services

Houston,
TX
(2018)

Community, FQHCs, Healthcare

CDE(s): Capital One, MBS Urban Initiatives

The project supports the partial renovation and expansion of the two existing clinics owned by Vecino.

POST Houston

Houston,
TX
(2019)

Community, Historic Rehabilitation, Incubator, Manufacturing, Mixed-use, Retail

CDE(s): MBS Urban Initiatives, PeopleFund NMTC

Financing for the POST Houston revitalization in downtown Houston, Texas.

Dayton Arcade

Dayton,
OH
(2023)

Community, Historic Rehabilitation, Housing, Mixed-use, Retail

CDE(s): Consortium America, Dayton Region New Markets Fund, MBS Urban Initiatives, RBC Community Development

Redevelopment of the historic Dayton Arcade, a collection of nine buildings totaling over 330,000 sq. ft. in the heart of downtown Dayton's central business district.

Pullman Park

CHICAGO,
IL
(2011)

Grocery and Fresh Food, Manufacturing, Retail, Retail and Commercial

CDE(s): MBS Urban Initiatives

NMTC financing supported the Pullman Park project.

YMCA of Metropolitan Atlanta Leadership and Learning Center

Atlanta,
GA
(2017)

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

CDE(s): Atlanta Emerging Markets, MBS Urban Initiatives, Truist

On the Westside, the YMCA of Metro Atlanta has created a one-of-a-kind, 55,000 sq. ft.

Urban Farm Green Energy Auburn Gresham State Grant

Business Development, College or Vocational Training, Community, Daycare and Early Childhood, Energy, Grocery and Fresh Food, Incubator, Infrastructure, Mixed-use and Commercial, Retail, Vocational Training, Youth and Families

CDE(s): Dudley Ventures, MBS Urban Initiatives, SCORE, USBCDE

An innovative project redeveloped a vacant 9-acre brownfield site into a sustainability campus which includes a biodigester, greenhouse space, community garden with a fresh produce stand and a visitor’s center

San Antonio Food Bank – Phase II

College or Vocational Training, Community, Culinary Entrepreneurship, Healthcare, Shelters and Community Food, Vocational Training

CDE(s): MBS Urban Initiatives, PeopleFund NMTC, Texas Mezzanine Fund

Financing for a new 50,000 sq. ft. facility will house a production kitchen, an expanded area for culinary training, a vegetable prep plant, and a seasonal venison processing plant.