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CDE: PNC

PNC website

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:

  • 2021 Allocation: $55,000,000

Project Profiles and Stories

City of Asylum Launches Its Redevelopment of the Masonic Building ()

  • Affordable Housing, Arts, College or Vocational Training, Community, Historic Rehabilitation, Housing, Mixed-use, Retail, Retail and Commercial, Theaters and Performing Arts Spaces, Vocational Training
  • CDEs: Pittsburgh Urban Initiatives, PNC
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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
  • CDEs: Local Initiatives Support Corporation, PNC
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Nucleus Secures $20 Million in New Markets Tax Credits ()

  • Adult Education, College or Vocational Training, Community, Disability Services, Science and Tech, Vocational Training
  • CDEs: National New Markets Fund, PNC
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Piqua YMCA Expansion ()

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Lorain County Health & Dentristy Clinic (2013)

South Webster, OH

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.

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The Residences at Hanna (2012)

Cleveland, OH

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

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University Hospitals Rainbow Center for Women and Children (2017)

Cleveland, OH

The UH Rainbow Center for Women & Children, a newly constructed facility of UH Rainbow Babies & Children’s Hospital and UH MacDonald Women’s Hospital, will serve a federally designated medical/dental

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MAGNET (2022)

Cleveland, OH
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.
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PNC Bank Closes $59 Million New Markets Tax Credit Investor Fund To Support Job Creation and Revitalize Communities ()

The fund has already closed and progress has begun at 13 projects in seven states, including California, Colorado, Georgia, Michigan, New York, Pennsylvania and Ohio.
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Family Health Center on Virginia (2021)

McKinney, TX
Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX.
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DD Dannar LLC (2022)

Muncie, IN
  • Brownfield Remediation, Manufacturing, Solar
  • CDEs: 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
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CAF Vocational Training Center (2021)

Dallas, TX
Construction and development of an approximately 47,000 sq. ft. education center with an aviation career‐driven focus in Dallas, Texas.
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Dunnhumby Centre, 5th & Race Streets (2013)

Cincinnati, OH

Owner/operator of parking garage in step with economic redevelopment mission of its parent, 3CDC: The January 2013 groundbreaking event for this monumental project at the corner of Fifth & Race

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Volumod (2021)

Indianapolis, IN
Acquisition, renovation, and equipping of a 245,000 sq. ft. warehouse into a volumetric modular housing production facility with space to incubate/accelerate social enterprises that will deliver transportation, excavation, landscaping, electrical,
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John Nunnery ()

John Nunnery is Senior Vice President and Manager of Preservation Investments within the Tax Credit Solutions group of PNC Real Estate. He has been with PNC for 13 years. Mr.

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Beyond Vision VisABILITY Center (2021)

West Allis, WI
Company that offers job opportunities for people who are blind plans to move into a new, larger space in West Allis.
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PNC Focus on Accessible Communities Leads to Milwaukee’s VisABILITY Center ()

  • Community, Transportation and Ports
  • CDEs: PNC
$18.8M will boost job training and the economic empowerment of individuals with visual disabilities.
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Skyland Town Center Phase B-1 (2021)

Washington, DC
Skyland Phase B-1, which closed on January 14, 2021, is the second phase of the multi-building, multi-phase, mixed-use Skyland Town Center; the redevelopment of a former dilapidated strip shopping center
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East Ohio Gas (2013)

Cleveland, OH
Finaning for a 350,000 sq. ft. mixed use project with a residential and retail component.
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Esperanza Community Wellness Center (2021)

Philadelphia, PA
  • Addiction Treatment, Behavioral Health, Brownfield Remediation, Community, FQHCs, Healthcare
  • CDEs: Nonprofit Finance Fund, PNC
The project developed a vacant brownfield lot into a 21,000 sq. ft. wellness cente providing services to 14,500 patients.
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Down Syndrome Association of Greater Cincinnati (2012)

Cincinnati, OH
NMTC financing for the Down Syndrome Association of Greater Cincinnati, which partners with families and others to create an environment in which individuals with Down Syndrome.
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Freestore Foodbank (2021)

Cincinnati, OH
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.
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New PATH Headquarters (2019)

Philadelphia, PA
  • Behavioral Health, Community, Daycare and Early Childhood, Disability Services, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families, Youth Program
  • CDEs: 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.
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Crossroads Uptown (2015)

Cincinnati, OH
Located near the University of Cincinnati campus, Crossroads Uptown serves the college community and Uptown neighborhoods north of downtown Cincinnati.
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Powel Elementary School and Science Leadership Academy Middle School (2019)

Philadelphia, PA
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
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KIPP DC Hamilton (2014)

Washington, DC
NMTC financing supported the construction of the KIPP DC Hamilton Campus, adjacent to Union Market and Gallaudet University.
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201 Stanwix Street (2011)

Pittsburgh, PA
NMTC financing for the rehab of a 78,000 sq. ft. building. The 1st floor of the building is leased to a charter school on the lower levels and approximately 158
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RIDC Mill 19A – Hazelwood Green (2017)

Pittsburgh, PA
New construction of mixed-use building offering flex office, R&D and high-bay light-industrial maker space. Phase 1 included 95,000 sq. ft. of flex-office space with Carnegie Mellon University as an anchor
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Urban Community School Education and Wellness Campus (2019)

Cleveland, OH
  • Behavioral Health, Community, Daycare and Early Childhood, Dental Services, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families
  • CDEs: 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
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Ivy Tech Automotive Training Center (2020)

Indianapolis, IN
The project is a $16.1MM, 56,925 sq. ft. educational facility designed to provide in-demand automotive, mechanic, and other technical training in Indianapolis, Indiana.
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Gem City (2020)

Dayton, OH
  • Co-ops, Community, FQHCs, Grocery and Fresh Food, Healthcare, HFFI, Mixed-use, Nonprofit Hub, Retail, Retail and Commercial
  • CDEs: 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.
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Light of Life (2020)

Pittsburgh, PA
  • Adult Education, Affordable Housing, College or Vocational Training, Community, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Homeless Shelter, Incubator, Mixed-use, Nonprofit Hub, Shelters and Community Food
  • CDEs: Pittsburgh Urban Initiatives, PNC
New construction of a 24,600 sq. ft. homeless shelter serving men, women, and children.
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Uptown Gateway (2020)

Cincinnati, OH
Construction of a 189,000 sq. ft. commercial office building to be leased for 17 years by the University of Cincinnati.
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Hope Center (2020)

Dayton, OH
  • Adult Education, College or Vocational Training, Community, Community Center, Daycare and Early Childhood, Healthcare, Mixed-use, Nonprofit Hub, Youth and Families
  • CDEs: 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
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410 Broadway (2020)

Mount Pleasant, MI
  • Co-ops, Grocery and Fresh Food, Indian Country, Mixed-use, Retail, Retail and Commercial, Workforce Housing
  • CDEs: 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.
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Cincinnati Ballet Center for Dance (2020)

Cincinnati, OH
Construction of a new 55,765sf practice, performance and outreach facility for the Cincinnati Ballet in the Walnut Hills neighborhood.
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