CDE: National Community 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

Urban League of Essex Housing

Newark,
NJ
(2023)

Housing

CDE(s): National Community Investment Fund

Eight new homes for low-and-moderate-income families in Newark, NJ

Urban League of Essex Housing

Housing

CDE(s): National Community Investment Fund

Eight new homes for low-and-moderate-income families in Newark, NJ

Main Street Rehab Project

Hindman,
KY
(2020)

Community, Mixed-use

CDE(s): National Community Investment Fund

This NMTC project rehabilitates seven properties along Main Street, primarily the old jail building in Knott, into a climate-controlled bus waiting area to allow for expanded transportation options. It also

University of Pikeville (UPIKE) Student Housing and Education Facility

Pikeville,
KY
(2022)

CDE(s): National Community Investment Fund

UPIKE Student Housing and Education Facility renovated and repurposed existing 113-room Hilton Garden Inn hotel space into a student housing and educational programming space. The project will fund the University

Silvercare

Chester,
PA
(2022)

Nursing Homes and Hospice

CDE(s): CCG Community Partners, National Community Investment Fund, PNC

Phased redevelopment of a 68,000 sq. ft. medical campus.

Lowry City Farmers Exchange

Lowry City,
MO
(2020)

Manufacturing, Retail, Warehouse and Wholesale

CDE(s): National Community Investment Fund

NMTC financing for Bolivar Farmers Exchange, a wholesaler of animal feed, including corn, for its Lowry City Farmers Exchange location.

A new home for innovation in East Baltimore

Adult Education, Affordable Housing, Business Development, College or Vocational Training, Community, Daycare and Early Childhood, Historic Rehabilitation, Incubator, Youth and Families

CDE(s): City First, Harbor Bankshares Corporation, National Community Investment Fund

Boys and Girls Club of Newark – Central Ward Clubhouse

Newark,
NJ
(2014)

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

CDE(s): National Community Investment Fund

As the signature legacy project of the NY/NJ Super Bowl Host Committee, the Avon Avenue Clubhouse underwent a complete renovation, including a new gymnasium, state-of-the-art aquatic center, dance and fitness

AstaReal Technologies

Moses Lake,
WA
(2014)

Business Development, Manufacturing, Plastics and Chemicals, Rural

CDE(s): National Community Investment Fund

A new 59,000 square foot factory produces natural astaxanthin and began production July 2014, initially employing approximately 45 people.

Clark County Family YMCA

Vancouver,
WA
(2012)

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

CDE(s): National Community Investment Fund, Wells Fargo

At the time this project was financed, Vancouver was home to the only YMCA facility in the state of Washington, and its impressive outreach efforts currently touched over 14,000 people

Youth and Family Services of South Dakota

Rapid City,
SD
(2018)

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

CDE(s): National Community Investment Fund, Partners for the Common Good, Wells Fargo

A new facility allowing YFS to serve an additional 2,000 children each year.

Pikeville College School Of Osteopathic Medicine

Pikeville,
KY
(2011)

Adult Education, College or Vocational Training, Community, Healthcare, Research, Rural, Science and Tech, Vocational Training

CDE(s): CAHEC, Community Ventures, National Community Investment Fund, Urban Research Park CDE, USBCDE

NMTC financing supported the Pikeville College School Of Osteopathic Medicine project.

Fry Foods

Ontario,
OR
(2015)

Business Development, Food Manufacturing, Manufacturing, Retail, Rural

CDE(s): Capital One, Ecotrust, Enhanced Capital, National Community Investment Fund

NMTC financing for food manufacturer, Fry Foods, for the acquisition, rehabilitation and operation of a shuttered onion-processing facility in Ontario, Oregon.

Halsey Street Teachers Village Workforce Housing A

Newark,
NJ
(2012)

Community, Daycare and Early Childhood, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing, Youth and Families, Youth Program

CDE(s): Bank of America, Building America CDE, Carver National Bank, GS New Markets Fund, National Community Investment Fund

The $64 million Halsey Street Workforce Housing project was the second phase of a larger Teachers Village development designed to revitalize downtown Newark, one of the country's most economically depressed

Halsey Street Teachers Village Worforce Housing B

Newark,
NJ
(2018)

Community, Daycare and Early Childhood, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing, Youth and Families, Youth Program

CDE(s): Bank of America, Building America CDE, Carver National Bank, GS New Markets Fund, National Community Investment Fund

Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey.

Monroe County Hospital Expansion

Monroeville,
AL
(2017)

Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): National Community Investment Fund

The construction for this project includes a new oncology department and renovations to the emergency department.

KSU Incubator

Manhatten,
KS
(2017)

Adult Education, College or Vocational Training, Community, Incubator, Mixed-use, Restaurants and Catering, Retail and Commercial

CDE(s): Central Bank of Kansas City, National Community Investment Fund

The construction of a 59,000 sq. ft. office building for a corporate incubator and research space in Manhattan, KS.

REACH Manufacturing Facility

Klamath Falls,
OR
(2017)

Adult Education, Business Development, College or Vocational Training, Community, Manufacturing, Rural

CDE(s): National Community Investment Fund

Purchase and renovation of pallet manufacturing facility to increase production and add to employment base.

39-Rainbow

Kansas City,
KS
(2011)

Business Development, Restaurants and Catering, Retail and Commercial

CDE(s): Central Bank of Kansas City, National Community Investment Fund

39 Rainbow taps the commerical potential of one of the region's largest and fasted growing campuses, the Univesity of Kansas - Kansas City.

Revolution Mill

Greensboro,
NC
(2015)

Housing, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial

CDE(s): Brownfield Revitalization, Mid-City Community CDE, National Community Investment Fund, PNC, USBCDE

Historic renovlation of historic hotel for mixed use retail and afordable housing.

Gateway Marketplace

Detroit,
MI
(2012)

Brownfield Remediation, Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Invest Detroit CDE, Liberty Bank and Trust, National Community Investment Fund, National New Markets Fund, Wayne County

An open air retail mall located on Eight Mile Road in Detroit, MI, this project constructed a major retail center remediating a 36-acre Brownfield site at the Southeast corner of

XS Tennis

Chicago,
IL
(2015)

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

CDE(s): National Community Investment Fund, PNC

The new construction of an expanded and upgraded XS Tennis Village, ensuring XS Tennis and Education Foundation continues to provide both athletic and academic programs to area children and adults

UCAN

Chicago,
IL
(2014)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Business Valued Advisor Fund, National Community Investment Fund, SCORE, USBCDE

NMTC financing for a nonprofit serving more than 10,000 at-risk children and families each year through over 30 programs focused on preventing violence, healing trauma, building strong families, and educating

Athens Limestone Hospital Surgery Tower

Athens,
AL
(2018)

Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): National Community Investment Fund, Rose Urban Green Fund, United Bank of Alabama, Wells Fargo

A surgery center expansion that focuses on lower-acuity, out-patient based surgeries.