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

University Hospitals Rainbow Center for Women and Children

Cleveland,
OH
(2017)

Children's Hospital, Community, Dental Services, FQHCs, Hospitals and Emergency Services

CDE(s): Cleveland Development Advisors, Northeast Ohio Development Fund, PNC

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

PNC Bank Closes $59 Million New Markets Tax Credit Investor Fund To Support Job Creation and Revitalize Communities

CDE(s): PNC

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.

Family Health Center on Virginia

McKinney,
TX
(2021)

Community, FQHCs

CDE(s): PNC, Texas Mezzanine Fund

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX.

Dunnhumby Centre, 5th & Race Streets

Cincinnati,
OH
(2013)

Transportation and Ports

CDE(s): Cincinnati New Markets Fund (3CDC), PNC

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

Volumod

Indianapolis,
IN
(2021)

College or Vocational Training, Manufacturing

CDE(s): FirstPathway Community Development, PNC

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,

John Nunnery

CDE(s): PNC

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.

Beyond Vision VisABILITY Center

West Allis,
WI
(2021)

Community, Vocational Training

CDE(s): First-Ring Industrial Redevelopment Enterprise, Impact Seven, PNC

Company that offers job opportunities for people who are blind plans to move into a new, larger space in West Allis.

PNC Focus on Accessible Communities Leads to Milwaukee’s VisABILITY Center

Community, Transportation and Ports

CDE(s): PNC

$18.8M will boost job training and the economic empowerment of individuals with visual disabilities.

Skyland Town Center Phase B-1

Washington,
DC
(2021)

Community, Grocery and Fresh Food, Mixed-use, Mixed-use and Commercial, Retail

CDE(s): Enterprise Community Partners, PNC

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

East Ohio Gas

Cleveland,
OH
(2013)

Community, Historic Rehabilitation, Housing, Mixed-use, Mixed-use and Commercial, Retail

CDE(s): Cleveland Development Advisors, Grow America, PNC

Finaning for a 350,000 sq. ft. mixed use project with a residential and retail component.

Esperanza Community Wellness Center

Philadelphia,
PA
(2021)

Addiction Treatment, Behavioral Health, Brownfield Remediation, Community, FQHCs, Healthcare

CDE(s): 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.

Down Syndrome Association of Greater Cincinnati

Cincinnati,
OH
(2012)

College or Vocational Training, Community

CDE(s): PNC, Stonehenge Community Development

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.

Crossroads Uptown

Cincinnati,
OH
(2015)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): PNC, Uptown Consortium

Located near the University of Cincinnati campus, Crossroads Uptown serves the college community and Uptown neighborhoods north of downtown Cincinnati.

KIPP DC Hamilton

Washington,
DC
(2014)

Community, Schools

CDE(s): Civic Builders, DC Housing Enterprises, PNC

NMTC financing supported the construction of the KIPP DC Hamilton Campus, adjacent to Union Market and Gallaudet University.

201 Stanwix Street

Pittsburgh,
PA
(2011)

Adult Education, Affordable Housing, College or Vocational Training, Community, Housing, Mixed-use, Schools

CDE(s): CCG Community Partners, Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

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

RIDC Mill 19A – Hazelwood Green

Pittsburgh,
PA
(2017)

Affordable Housing, Business Development, Community, Housing, Incubator, Makerspace, Manufacturing, Mixed-use

CDE(s): Pittsburgh Urban Initiatives, PNC, Telesis CDE Corporation

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

Ivy Tech Automotive Training Center

Indianapolis,
IN
(2020)

Adult Education, College or Vocational Training, Community, Vocational Training

CDE(s): Cinnaire New Markets, Indianapolis Redevelopment CDE, PNC

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.

Uptown Gateway

Cincinnati,
OH
(2020)

Business Development, Community, Incubator

CDE(s): Cincinnati Development Fund, PNC, Uptown Consortium

Construction of a 189,000 sq. ft. commercial office building to be leased for 17 years by the University of Cincinnati.

Cincinnati Ballet Center for Dance

Cincinnati,
OH
(2020)

Community, Healthcare

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

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

Winona

Plymouth,
IN
(2020)

Business Development, Manufacturing, Rural

CDE(s): French Lick Redevelopment CDE, PNC

Purchase and installation of new equipment for a building insulation products manufacturer.

Colormasters/Master Extrusion

Albertville,
AL
(2020)

Business Development, Manufacturing, Rural

CDE(s): PNC, United Bank of Alabama

Purchase and installation of new equipment for the expansion of a manufacturing operation in rural Albertville, AL.

Bongards Creameries

Humboldt,
TN
(2017)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Bluehub, PNC, Rural Development Partners

Financing to purchase and transform a plant in Humboldt into a natural processed cheese operation to support the growing demand for its products.

Xenia YMCA

Xenia,
OH
(2017)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

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

New construction of a recreation, education, activity, community and health facility operated by the YMCA of Greater Dayton.

Nueske’s Meats

Wittenberg,
WI
(2016)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Cinnaire New Markets, PNC, WHEDA

This project involved expanding a facility for meat a manufacturer.

Susquehanna Health Innovation Center

Williamsport,
PA
(2018)

Community, FQHCs, Healthcare

CDE(s): Commonwealth Cornerstone Group, Community Hospitality Healthcare Services, PNC

Thanks to NMTC financing, UPMC Susquehanna opened a new Neuroscience Center in Williamsport, expanding services and bringing advanced procedures to the region.

E.L. Haynes Public Charter School

Washington,
DC
(2010)

Community, FQHCs, Healthcare, Schools

CDE(s): PNC

Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes

Toledo Port Expansion

Toledo,
OH
(2012)

Infrastructure, Transportation and Ports

CDE(s): Finance Fund, PNC

Finance Fund provided NMTC financing to Ironville Improvement, LLC., a subsidiary of Midwest Terminals of Toledo, Inc. for expansion of the Port of Toledo’s Midwest terminals.

Scranton Counseling Center

Scranton,
PA
(2020)

Behavioral Health, Community, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): Commonwealth Cornerstone Group, PNC

The adaptive reuse of a historic cornerstone building at 329 Cherry Street in downtown Scranton.

4220 Duncan

Saint Louis,
MO
(2017)

Community, Makerspace, Manufacturing, Mixed-use

CDE(s): MBS Urban Initiatives, PNC, St. Louis Development Corporation, Urban Action Community Development

4220 Duncan, a 180,000 sq. ft. mixed-use development in St. Louis.

Sibley Mixed-Use

Rochester,
NY
(2016)

Affordable Housing, Community, Daycare and Early Childhood, Historic Rehabilitation, Housing, Mixed-use, Youth and Families

CDE(s): Community Impact Capital, PNC, RBC Community Development

Iconic Rochester, NY building gets wholesale landmark makeover

The Energy Innovation Center

Pittsburgh,
PA
(2013)

Adult Education, College or Vocational Training, Community, Incubator, Manufacturing

CDE(s): National Trust Community Investment Corporation, Northside Community Development Fund, Pittsburgh Urban Initiatives, PNC

The Energy Innovation Center is a renovation of approximately 160,000 sq.ft. of space at the former Connelley Trade School for reuse as an Innovation Center for energy efficiency, alternative energy

East Liberty Transit Center

Pittsburgh,
PA
(2014)

Infrastructure, Retail, Transit Oriented Development, Transportation and Ports

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

A multi-agency effort, which includes the City of Pittsburgh, Port Authority of Allegheny County and East Liberty Development Corporation, to assemble and redevelop six acres of blighted or obsolete commercial

East Liberty Portal

Pittsburgh,
PA
(2014)

Brownfield Remediation, Infrastructure, Retail, Transit Oriented Development, Transportation and Ports

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

The revitalization of a major gateway into the East Liberty neighborhood, which has been undergoing a major transformation after years of blight.

Blind and Rehabilitation Services of Pittsburgh

Pittsburgh,
PA
(2014)

Adult Education, College or Vocational Training, Community, Vocational Training

CDE(s): Commonwealth Cornerstone Group, PNC

BVRS outgrew its previous space and renovated an 87,000 sq. ft. five-story building to suit the needs of the growing organization.

7800 Susquehanna Street

Pittsburgh,
PA
(2015)

Manufacturing, Retail, Retail and Commercial

CDE(s): Pittsburgh Urban Initiatives, PNC

The renovation of an existing five-story 135,800 square foot industrial building located in the Homewood neighborhood of Pittsburgh for the purpose accommodating creative start-up and nascent entrepreneurial business activity.

Ronald McDonald House of Philadelphia

Philadelphia,
PA
(2013)

Community, Daycare and Early Childhood, Healthcare, Ronald McDonald House, Youth and Families

CDE(s): Commonwealth Cornerstone Group, PNC, The Reinvestment Fund

A 93,000 sq. ft. expansion to Ronald McDonald's hiladelphia facilities, more than doubling the sq. footage of PRMH's existing 72,000 sq. ft. facility, for a total of more than 165,000