CDE: PNC

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

Esperanza – Brighton Park

Chicago,
IL
(2018)

Behavioral Health, Community, COVID-19, Disaster Recovery, FQHCs, Healthcare

CDE(s): Chicago Development Fund, PNC, Raza Development Fund

Trusted provider, Esperanza, provides health and hope to Chicago’s under-served communities

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

Sugar Hill

Detroit,
MI
(2020)

Adult Education, Affordable Housing, College or Vocational Training, Community, Housing, Infrastructure, Mixed-use, Retail, Retail and Commercial, Transportation and Ports, Veterans Services

CDE(s): Building America CDE, Cinnaire New Markets, Michigan Community Capital, PNC

Construction and development of a 5-story, mixed-use building consisting of 68 residential units, parking and approximately 12,000 sq. ft. of ground floor commercial and retail space.

Kroy Phase 2

Cleveland,
OH
(2021)

Manufacturing

CDE(s): National New Markets Fund, PNC

This investment allowed Kroy to purchase new equipment to expand its manufacturing operations of bar codes, liner-less labels and other products.

CAF Vocational Training Center

Dallas,
TX
(2021)

Community, Veterans Services, Vocational Training

CDE(s): Dallas Development Fund, PeopleFund NMTC, PNC

Construction and development of an approximately 47,000 sq. ft. education center with an aviation career‐driven focus in Dallas, Texas.

MAGNET

Cleveland ,
OH
(2022)

College or Vocational Training

CDE(s): Cleveland Development Advisors, PNC

Renovation of a vacant, former school as its new 57,000 SF headquarters, training and production facility located in Hough/Midtown neighborhood in Cleveland, OH.

Latino Network’s La Plaza Esperanza

Portland,
OR
(2023)

Healthcare, Nonprofit Hub

CDE(s): PNC, Raza Development Fund

The La Plaza Esperanza project, is the new construction of an 18,000 sq. ft. community center. The project is located in the poorest area of Multnomah County, the Rockwood neighborhood.

Esperanza Chicago II

Chicago,
IL
(2023)

FQHCs

CDE(s): Chicago Development Fund, PNC, SCORE, Self-Help

The construction of a 44,000 sq. ft. health and wellness center for Esperanza Health Centers, a Federally Qualified Health Center focused on improving health care access on Chicago’s Southwest side

Boston Square

Grand Rapids,
MI
(2023)

Nonprofit Hub

CDE(s): Cinnaire New Markets, MBS Urban Initiatives, Petros Community Impact Fund, PNC

Construction of a two-story 49,000 sq. ft. multi-purpose community hub includes an early childhood learning center, workforce development/ co‐working space, and a wellness center.

Corners Outreach

Norcross,
GA
(2023)

Nonprofit Hub

CDE(s): BBIF, PNC

Acquisition and renovation of a 98,000 sq. ft. office building that will be used to operate a youth enrichment, workforce development, and healthy food access programs.

Homefull

Dayton,
OH
(2023)

Nonprofit Hub

CDE(s): Dayton Region New Markets Fund, PNC

A $50 Million Healthy Living Campus Aims to Address Historic Inequities in West Dayton

Nashville Rescue Mission

Nashville,
TN
(2023)

Shelters and Community Food

CDE(s): Pathway Lending, PNC

For over 68 years, Nashville Rescue Mission has provided thousands of women, men, and children with meals, a safe place to stay, and life-changing programs that help with various issues

Greater Pittsburgh Community Food Bank

Duquesne,
PA
(2020)

Community, COVID-19, Shelters and Community Food

CDE(s): PNC, Rural Development Partners

NMTC financing for a food bank's sourcing, warehousing, and distribution efforts.

Food Bank of the Rockies

Grand Junction,
CO
(2021)

Shelters and Community Food

CDE(s): Colorado Growth and Revitalization Fund, PNC

Construction and equipping of a food distribution facility in Grand Junction, Colorado. Food Bank of the Rockie’s new facility will replace an inadequate facility in Palisade, CO and will enable

Freestore Foodbank

Cincinnati,
OH
(2021)

Community, COVID-19, Shelters and Community Food

CDE(s): Cincinnati Development Fund, PNC, Rural Development Partners

Financing to expand the capacity and efficiency of a food bank distribution center as they fight food insecurity in a 20-county tri-state region.

GVSU Seidman College of Business

Grand Rapids,
MI
(2011)

Adult Education, College or Vocational Training, Community, Housing, Incubator, Mixed-use

CDE(s): Cinnaire New Markets, Michigan Community Capital, PNC

Mixed-use, including housing and commercial for GVSU Seidman College of Business.

410 Broadway

Mount Pleasant,
MI
(2020)

Grocery and Fresh Food, Mixed-use, Retail, Retail and Commercial, Workforce Housing

CDE(s): Cinnaire New Markets, PNC

Construction of a four-story, co-op grocery anchored, mixed-use development consisting of 11,000 sq. ft. commercial space and 48 residential rental units in rural Mount Pleasant, MI.

Alphabet City

Pittsburgh,
PA
(2015)

Affordable Housing, College or Vocational Training, Community, Historic Rehabilitation, Housing, Mixed-use, Retail, Retail and Commercial, Theaters and Performing Arts Spaces, Vocational Training

CDE(s): Pittsburgh Urban Initiatives, PNC

City of Asylum Pittsburgh is a Pittsburgh nonprofit organization that was co-founded by Henry Reese and his wife Diane Samuels in 2004 with the goal of creating a thriving community

Atlanta Community Food Bank

East Point,
GA
(2018)

Community, Daycare and Early Childhood, Shelters and Community Food, Youth and Families

CDE(s): Kroger Community Development Entity, PNC, Rural Development Partners, The Reinvestment Fund

Construction of a new 345,000 sq. ft. warehouse and distribution facility in East Point, GA.

Kalamazoo Gospel Mission

Kalamazoo,
MI
(2020)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Dental Services, Healthcare, Historic Rehabilitation, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food, Targeted Populations, Youth and Families

CDE(s): Cinnaire New Markets, PNC

A newly constructed and rehabilitated facility features 242 beds, multipurpose rooms, community rooms, a medical recovery room, day room, offices, reading room, and an elevator for increased accessibility.

Children’s Museum of Pittsburgh Lab

Pittsburgh,
PA
(2018)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Historic Rehabilitation, Museums, Schools, Youth and Families

CDE(s): Pittsburgh Urban Initiatives, PNC

Construction and renovation of historic building for expansion of a children's museum and relocation of a charter school and other nonprofit organizations.

Charles R. Drew Jr. Charter Schools

Atlanta,
GA
(2013)

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.

Madison Square Boys & Girls Club

New York,
NY
(2017)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Nonprofit Finance Fund, NYC Neighborhood Capital Corporation, PNC, TruFund

A new, $48 million, 50,000-sq. ft. youth recreation and academic support center in Central Harlem, Manhattan, one of the most underserved urban neighborhoods in the country.

Webster Community Center

Detroit,
MI
(2024)

Daycare and Early Childhood, FQHCs, Incubator

CDE(s): Michigan Community Capital, National Trust Community Investment Corporation, PNC

Breathing new life into Pontiac, Michigan, and offering an unparalleled blend of social services, educational programs, and cultural spaces designed to empower and enrich the lives of a community in

New Market West

Philadelphia,
PA
(2018)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, Housing, Mixed-use, Retail, Youth and Families

CDE(s): Cinnaire New Markets, Commonwealth Cornerstone Group, PIDC Community Capital, PNC

New Market West is a four story, LEED certified 135,700 sq. ft. commercial building that creates a hub for retail and community services near the 60th and Market Street El

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.

Washington City Mission

Washington,
PA
(2017)

Adult Education, Affordable Housing, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Housing, Mixed-use, Retail, Shelters and Community Food, Veterans Services, Vocational Training

CDE(s): Commonwealth Cornerstone Group, PNC

Improvements to four buildings and related site work to create a men's shelter, women's shelter, veteran's shelter and a vocational training center.

La Casa Norte 2

Chicago,
IL
(2017)

Community, Daycare and Early Childhood, FQHCs, Healthcare, Housing, Mixed-use, Shelters and Community Food, Supportive Housing, Youth and Families, Youth Program

CDE(s): Chicago Development Fund, IFF, PNC

New construction of a mixed-use supportive housing and community wellness center.

Light of Life

Pittsburgh,
PA
(2020)

Adult Education, Affordable Housing, College or Vocational Training, Community, Healthcare, Incubator, Mixed-use, Nonprofit Hub, Shelters and Community Food

CDE(s): Pittsburgh Urban Initiatives, PNC

New construction of a 24,600 sq. ft. homeless shelter serving men, women, and children.

Urban Community School Education and Wellness Campus

Cleveland,
OH
(2019)

Behavioral Health, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, 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

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.

Fresno Rescue Mission 2.0

Frenso,
CA
(2023)

FQHCs, Shelters and Community Food

CDE(s): PNC, TELACU

Phase II includes the new construction of City Center’s residential building which will provide transitory housing for families in a crisis in addition to a youth center. Phase II will

Lawndale Christian Health Center

Chicago,
IL
(2013)

Behavioral Health, Community, Daycare and Early Childhood, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families

CDE(s): Chicago Development Fund, PNC

Construction of a 65,000 sq. ft. Health and Fitness Center in the North Lawndale community.

Hope Center

Dayton,
OH
(2020)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families

CDE(s): Dayton Region New Markets Fund, PNC

New construction of a 28,200 SF community center where low-income individuals and families will have access to workforce development, early childhood, GED and associate degree programs as well as a

Gem City

Dayton,
OH
(2020)

Community, FQHCs, Grocery and Fresh Food, Healthcare, Mixed-use, Nonprofit Hub, Retail, Retail and Commercial

CDE(s): Dayton Region New Markets Fund, PNC

New construction of a 15,000 sq. ft. community-centered co-op grocery store in a food desert in Dayton, Ohio.

New PATH Headquarters

Philadelphia,
PA
(2019)

Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families, Youth Program

CDE(s): PIDC Community Capital, PNC

Redevelopment, expansion, and new construction of an owner-occupied nonprofit office and healthcare space with a community room that is accessible by multiple third-party nonprofits.