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

Easterseals Workforce Solution Center

Cincinnati,
OH
(2023)

FQHCs, Nonprofit Hub, Vocational Training

CDE(s): Consortium America, Enterprise Community Partners, Finance Fund, PNC

The project will fund the expansion and renovation of the existing Workforce Solutions Center to increase the size from 49,677 sq. ft. to 103,353 sq. ft. Easterseals currently operates out

Flint YMCA/Harrison Block

Flint,
MI
(2023)

Healthcare, Nonprofit Hub

CDE(s): Michigan Community Capital, PNC

Mixed-Use YMCA Project will Revitalize Long-Vacant Property in Downtown Flint

PHMC Public Health Campus on Cedar

Philadelphia,
PA
(2023)

FQHCs

CDE(s): Building America CDE, CCG Community Partners, Community Hospitality Healthcare Services, PIDC Community Capital, PNC

The rehabilitation and improvement of the former Mercy Hospital into the Public Health Campus on Cedar.

The Crossing at Brick Church

East Orange,
NJ
(2022)

FQHCs, Mixed-use

CDE(s): Dudley Ventures, Enterprise Community Partners, Local Initiatives Support Corporation, Mid-City Community CDE, New Jersey Community Loan Fund, PNC, The Reinvestment Fund, Urban Action Community Development

The Crossings at Brick Church Station is an urban, mixed-use redevelopment anchored by a 68,000 sq. ft. ShopRite Supermarket, 24,000 sq. ft. of retail space including 2,000 sq. ft. of

Clifton Community Resource Campus

Clifton,
CO
(2022)

College or Vocational Training, Library, Nonprofit Hub, Recreation

CDE(s): CCG Community Partners, Colorado Enterprise Fund, Colorado Growth and Revitalization Fund, PNC

Construction of a new 46,600 sq. ft. Early Childhood Education (ECE) Center, ECE Training Hub and Community Hall w/recreational facilities open to the public. The ECEC will provide early learning

Green City Growers

Cleveland,
OH
(2011)

Brownfield Remediation, Business Development, Food Manufacturing, Manufacturing, Retail, Timber and Agriculture, Warehouse and Wholesale

CDE(s): Grow America, PNC

Construction of a greenhouse and distribution facility for a co-op

East Jordan Foundry

Elmira,
MI
(2017)

Business Development, Manufacturing, Rural

CDE(s): Cinnaire New Markets, CRFUSA, Mascoma Community Development, PNC

Financing for the acquisition and installation of equipment for a metal casting facility, East Jordan Iron Works.

DD Dannar LLC

Muncie,
IN
(2022)

Brownfield Remediation, Manufacturing, Solar

CDE(s): PNC, SCORE

The first phase of development in the $50 million Kitselmen Pure Energy Park master planned development and will rehabilitate and environmentally remediate the former Indiana Steel and Wire building, a

Webster Community Center

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

Freestore Foodbank

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

NMTC investment expands rural food access, farmer partnerships & workforce development in Greater Cincinnati, Northern Kentucky & Southeast Indiana

Clifton Cultural Arts Center

Cincinnati,
OH
(2022)

CDE(s): Cincinnati Development Fund, Finance Fund, PNC

Constructing a new, energy efficient, 20,166 sq. ft. community arts center in Cincinnati’s Clifton Business District

Philadelphia Youth Basketball

Philadelphia,
PA
(2022)

Healthcare, Recreation

CDE(s): PIDC Community Capital, PNC, The Reinvestment Fund

Acquisition, renovation and equipping of former industrial building to create new 95,000 sq. ft. youth basketball facility with related services and programs. The facility’s programs are anticipated to serve 6,000

Maternal and Family Health Services, Inc., Circle of Care

Scranton,
PA
(2023)

Healthcare

CDE(s): Community Hospitality Healthcare Services, PNC

Renovation of a 14,000 sq. ft. women's health care clinic.

Birmingham YMCA

Birmingham,
AL
(2024)

Affordable Housing, Community, FQHCs, Habitat for Humanity, Healthcare, Housing, Recreation, YMCAs and YWCAs, Youth and Families, Youth Program

CDE(s): Gulf Coast Housing Partnership, Pathway Lending, PNC

Birmingham YMCA used NMTC allocation to renovate their existing sq. ft. Northeast Youth Center

Community Music Works

Providence,
RI
(2023)

CDE(s): MHIC, PNC

Construction of a new 22,700 sq. ft. community center and music education facility with practice rooms, sound lab, music performance hall, lobby/cafe and lounge. The project will create cohesive urban

Humane Fort Wayne

Fort Wayne,
IN
(2023)

Healthcare

CDE(s): Fort Wayne New Markets Revitalization Fund, PNC

Acquisition and construction of a 25,000 sq. ft. animal shelter. In addition to the shelter, the facility includes a wellness clinic and operating room facility. The facility will provide three

YMCA of Muncie

Muncie,
IN
(2023)

FQHCs, YMCAs and YWCAs

CDE(s): IFF, PNC, SCORE

Construction of a new, 66,000 sq. ft. YMCA facility in downtown Muncie, a rustbelt city long navigating socioeconomic change. The new and expanded offering, replacing an outdated nearby location, includes

Alabama School of Mathematics & Science

Mobile,
AL
(2023)

Schools

CDE(s): PNC, United Bank of Alabama

Alabama School of Math and Science (ASMS), founded in 1989 by the state legislature, is the state’s only free, fully public, and residential high school for sophomores, juniors, and seniors

University Charter School

Livingston,
AL
(2023)

Healthcare, Schools

CDE(s): PNC, TruFund, United Bank of Alabama, United Fund Advisors

Opened in 2018, UCS is a non-profit PreK-12 charter school in Livingston, Alabama. This small town is anchored by the University of Western Alabama (UWA), and the school currently shares

UHS Mountain Youth Academy

Mountain City,
TN
(2022)

FQHCs

CDE(s): MuniStrategies, Pathway Lending, PNC

Universal Health Services, Inc. used NMTC financing to construct a 120‐bed trauma‐based residential treatment facility which will replace the current Mountain Youth Academy facility in the underserved community of Mountain

APackaging Group

Defiance,
OH
(2023)

Business Development, Manufacturing

CDE(s): Fort Wayne New Markets Revitalization Fund, Mascoma Community Development, PNC

APackaging Group Receives New Markets Tax Credits to expand its facility, create quality jobs, and make a positive environmental impact.

MAC Trailer

Mount Pleasant,
MI

Auto Manufacturing

CDE(s): Michigan Community Capital, PNC

MAC Trailer Enterprises Expands Manufacturing into Mt. Pleasant Facility

Penn Highlands Huntingdon

Huntingdon,
PA
(2022)

Behavioral Health, Community, Safety Net Hospital

CDE(s): PNC, Primary Care Development Corporation

Renovation of a facility to expand behavioral health and oncology services.

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.

Downtown Piqua YMCA

Piqua,
OH
(2022)

YMCAs and YWCAs, Youth and Families

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

NMTC financing supported the construction of a 76,000 sq. ft. YMCA that will offer expanded health and social impact programming for seniors, youth and families in downtown Piqua, OH. The

Philips Academy

Paterson,
NJ
(2022)

Schools

CDE(s): New Jersey Community Loan Fund, PNC

Development of a 63,000 sq. ft. school facility

Hudsonville Creamery

Holland,
MI
(2021)

Food Manufacturing

CDE(s): Michigan Community Capital, PNC

Purchase, installation and operation of new equipment in an ice cream manufacturing facility in Holland, MI.

Allied Air Enterprises

Orangeburg,
SC
(2021)

Auto Manufacturing

CDE(s): CCG Community Partners, PNC, South Carolina Community Loan Fund

Construction of a distribution facility for Allied Air, an HVAC equipment manufacturer in Orangeburg, SC.

Petoskey Plastics

McKinney,
TX
(2021)

Manufacturing, Plastics and Chemicals

CDE(s): AMCREF Community Capital, PNC, Texas Mezzanine Fund

Acquisition, renovation and equipping of an environmentally focused plastics extrusion facility in McKinney, TX.

New St. Martin de Porres High School opens on Cleveland’s East Side (photos)

Community, Schools

CDE(s): Cleveland Development Advisors, PNC

City of Asylum Launches Its Redevelopment of the Masonic Building

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

Citylink Center Opens in Cincinnati to Combat Poverty

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

CDE(s): Local Initiatives Support Corporation, PNC

Nucleus Secures $20 Million in New Markets Tax Credits

Adult Education, College or Vocational Training, Community, Science and Tech, Vocational Training

CDE(s): National New Markets Fund, PNC

Piqua YMCA Expansion

Recreation

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

Lorain County Health & Dentristy Clinic

South Webster,
OH
(2013)

Behavioral Health, Community, FQHCs

CDE(s): Development Fund of the Western Reserve, North Coast Community Development Corporation, PNC, WesBanco

Acquire, rehabilitate, develop, own, operate lease and sublease a healthcare center. Lorain County Health & Dentistry Clinic (LCH&D) is the largest safety-net provider of primary health care in Lorain County.

The Residences at Hanna

Cleveland,
OH
(2012)

Historic Rehabilitation, Housing, Mixed-use, Retail

CDE(s): Cleveland Development Advisors, PNC

The historic renovation and adaptive reuse of this 120,000 sq. ft. nearly-vacant office building will serve as a catalyst to create a 24/7 vibrancy in the Playhouse Square neighborhood, a