Nonprofit Finance Fund | New Markets Tax Credit Coalition

Northside Community Health Center

From its founding in 2002 by a group of area residents, faith-based groups, and health and social services providers, North Texas Area Community Health Centers (NTACHC) grew to provide care from three locations, mostly to low-income under- and uninsured patients. But by 2017 the 12,000-square-foot rented Northside facility that served 4,412 patients in 2006 was straining to serve over 10,000 patients each year – and was adding 500 patients a month. NTACHC, an FQHC, decided to build its own facility to double its patient-serving capacity. NFF provided an initial bridge loan for land acquisition in May 2016, and followed up the next year with a $4.3-million loan and $6-million NMTC allocation to support construction of the 33,800-square-foot facility.

Stephen Klein Wellness Center

Project H.O.M.E. sought to relocate its clinic operating in the St. Elizabeth Community Center for the past 18 years. The result is the Stephen Klein Wellness Center, a 30,000 SF LEED Silver facility that will allow Project H.O.M.E. to offer new services and expand its existing primary care, behavioral health, and health education services. The facility is located on Cecil B. Moore Avenue, a once vibrant commercial corridor. The area now experiences an estimated vacancy rate of 50%, and the residents neighboring Cecil B. Moore Avenue have an unemployment rate of twice the City’s rate with 43.3% of adults and children living in poverty. This neighborhood is isolated from basic services and is highly dependent upon public transportation for work and access to other goods and services. Vacant land, unproductive real estate, and unpaid taxes are the primary obstacles facing this corridor. This project is expected to help revitalize the community.

Everett YMCA

This project will support the development of a new multi-purpose YMCA community facility that will significantly expand its services and outreach in the low-income community it serves. The new YMCA facility will include a regional medical clinic, a nutrition kitchen, a new neighborhood park in a park deficit zone, and will be the home to a new Big Brothers Big Sisters center.

SF Jazz Center

SF Jazz Center is the first facility on the West Coast fully dedicated to jazz music history, education and performance. The center will serve 10,000 children and adults annually through classes, exhibitions and rehearsals. In addition, the project will create job opportunities for over 250 local musicians and 200 independent contractors annually. The NMTC provided financing for the construction of this culture-enhancing community asset in a severely distressed area of San Francisco.

Educare Springfield

Educare Springfield, the first Educare school in Massachusetts, will soon serve 141 Head Start-eligible young children and their families with a full-day, year-round early education program. The school, located in the highly distressed Old Hill neighborhood, will be a landmark lab school for best practices and an essential resource for Springfield College, Springfield Technical Community College, Springfield Public Schools and the early education community across the state for training and providing professional development for future teachers, social workers, and researchers. Educare Springfield will also pursue opportunities for partnerships and collaborations in the local community. The project would not have been possible without financing from the New Markets Tax Credit (NMTC) from MassDevelopment, the hard work of foundations, city and state officials, and two anonymous donations.

OLE Health

Acquire and develop building into a comprehensive health care campus with primary, behavioral, nutritional, dental, prenatal, pharmacy, and vision services. Opportunity Fund provided $16.1 million for the construction of a non-profit primary and preventive health care facility for the farmworkers and low-income service workers of Napa and Sonoma counties.

Community Servings

Community Servings is a nonprofit food and nutrition program providing services throughout Massachusetts and in Rhode Island to individuals and families living with critical and chronic illnesses. The project involves an 8,000 SF renovation and a 17,400 SF addition to Community Servings’ (CS) current space, greatly increasing the size of their kitchen, adding job training space, and expanding CS’ Food & Nutrition Policy Center. The project will allow CS to triple its meal production and delivery service and double its job training program.

Chris 180

Chris 180 helps at-risk children, young adults, and families through mental health counseling. They also offer group homes for abused and neglected children in foster care, adoption services, a Drop-In Center for homeless young adults, and a supportive housing program for single and parenting youth, ages 17-24, who are homeless or have aged out of the foster care system, and in home programs that strengthen families. This NMTC project will allow Chris 180 to build a new training and education center. Additionally, it will create a health clinic, facilities for assessment, and family preservation services and for children in foster care. This project consists of several components: new construction of a building which will allow CHRIS 180 to expand its behavioral health clinical training program; renovations at an existing drop-in facility to integrate primary medical and dental services; and the acquisition and rehabilitation of five houses which provide a supportive, therapeutic family environment for children while preparing for adoption

Utah Food Bank

New food bank and distribution center.

Martha O’Bryan – Explore Community School

Martha O’Bryan Charter School will create a vibrant educational K – 8 charter school in one of Nashville’s lowest income neighborhoods. The Sponsor’s innovative partnership with Martha O’Bryan Charter will educate 65% low income & minority students at Cayce Homes, a Nashville Hope VI project. + New construction of an 85,858 SF charter school facility in the Cayce Place public housing community of Nashville. At completion, the school will move from its temporary location into a permanent home to serve 850 students from Kindergarten to 8th grade.