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)

Higher Education

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

Welcome House

Kansas City,
MO
(2023)

Shelters and Community Food

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

For more than 50 years, Welcome House has been committed to providing a high-quality, moral and open residential program to men struggling with alcoholism and addiction. Welcome House has held

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

Joseph McCullough Center for the Visual Arts

Cleveland,
OH
(2010)

Museums

CDE(s): Cleveland Development Advisors, Enterprise Community Partners, Finance Fund, National Community Investment Fund

Construction of owner-occupied real estate for contemporary arts facility, including a museum and street level commercial and upper floors housing. The project involved the redevelop menthe Cleveland Institute of Art’s

Paul Quinn College Dormitory and Gym

Dallas,
TX
(2019)

College or Vocational Training, HBCUs, Higher Education

CDE(s): National Community Investment Fund

Dormitory and gymnasium/community space for a historically black college

MLKG2

Washington ,
DC
(2021)

College or Vocational Training, Historic Rehabilitation, Nonprofit Hub, Retail

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

Finance the adaptive reuse of two structures and the new construction of an office building containing approximately 61,000 sq. ft. of office and ground floor retail space, a roof terrace,

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

Bedford-Union Courts Armory

Brooklyn,
NY
(2019)

Affordable Housing, Community, Food Bank or Pantry, FQHCs, Healthcare, Homeless Services, Housing, Incubator, Mixed-use, Nonprofit Hub, Shelters and Community Food

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

The redevelopment of the historic Bedford-Union Armory located in the Crown Heights community in Brooklyn.

The 1812 Ashland Building

Baltimore,
MD
(2014)

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

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

The 1812 Ashland building is in Baltimore's Eager Park neighborhood, near Johns Hopkins University's East Baltimore campus.

Baltimore Food Hub

Baltimore,
MD
(2018)

Adult Education, Business Development, College or Vocational Training, Community, Creative Farming, Food Manufacturing, HFFI, Incubator, Manufacturing, Retail, Timber and Agriculture

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

Baltimore Food Hub is a food incubator hub in a severely distressed area of East Baltimore.

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

COCA

Saint Louis,
MO
(2018)

Arts, Community, Daycare and Early Childhood, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): IFF, National Community Investment Fund, USBCDE

Renovation of a center of creative arts that provides programming to engage, develop and educate people of all ability levels and backgrounds.

Rocky Mount Event Center

Rocky Mount,
NC
(2017)

Community, Community Center, Daycare and Early Childhood, Healthcare, Mixed-use, Youth and Families

CDE(s): CAHEC, Greenline Ventures, National Community Investment Fund

Part of a bold vision to revitalize and transform Downtown Rocky Mount: a 160,000 square foot multipurpose event center including 155,000 square foot allocated to a mixed-use hybrid sports, health,

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, Higher Education, 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.

American Indian Cultural Center

Oklahoma City,
OK
(2019)

Arts, Community, Daycare and Early Childhood, Indian Country, Targeted Populations, Youth and Families

CDE(s): National Community Investment Fund, REI Development Corp

AICCM is a cultural center that aims to educate the public about the diversity, history and culture of tribal nations that were moved to Oklahoma.

River Valley Co-op

Northampton,
MA
(2020)

Co-ops, Community, Food Bank or Pantry, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Capital One, Evernorth Rural Ventures, MHIC, National Community Investment Fund

NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food

Halsey Street Teachers Village Workforce Housing A

Newark,
NJ
(2012)

Community, Daycare and Early Childhood, Grocery and Fresh Food, HFFI, 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, HFFI, 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, Disability Services, 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, Hotels and Tourism, 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)

Hotels and Tourism, 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.

Mile High United Way

Fort Collins,
CO
(2013)

Community, Homeless Services

CDE(s): Colorado Growth and Revitalization Fund, National Community Investment Fund, Wells Fargo

The construction of a 3-story, 63,000 sq. ft. building that would serve as the headquarters of the Mile High United Way, located in Denver, Colorado.

Gateway Marketplace

Detroit,
MI
(2012)

Brownfield Remediation, Grocery and Fresh Food, HFFI, 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

Pullman Community Center

Chicago,
IL
(2018)

Community, Community Center, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Recreation, Youth and Families

CDE(s): Citibank, National Community Investment Fund, USBCDE

The center provides sports and recreational opportunities to low-income residents on Chicago's south side. Individuals, housing authority residents and local teams is able to utilize the facility at reduced rates.