CDE: RBC Community Development

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

Dayton Arcade

Community, Grocery and Fresh Food, Mixed-use

CDE(s): Consortium America, Dayton Region New Markets Fund, MBS Urban Initiatives, RBC Community Development

Investment fills financing gap and ends 30 years of vacancy for iconic Dayton structure

The Mill Complex

Community, Mixed-use

CDE(s): National Trust Community Investment Corporation, RBC Community Development, Truist

A transformed storage warehouse provides affordable commercial and incubation spaces for growing local businesses and mixed-income housing options for the neighborhood.

Dayton Arcade – Final Phase

Dayton,
OH
(2023)

Mixed-use

CDE(s): Consortium America, Dayton Region New Markets Fund, MBS Urban Initiatives, RBC Community Development

Final phase. 7 buildings, $41 million overhaul. Retail marketplace with space for 15 retailers. Hotel, restaurant, bar.

Findlay Parkside

Cincinnati,
OH
(2023)

Mixed-use

CDE(s): National Trust Community Investment Corporation, RBC Community Development, Truist

An adaptive reuse project in the Over-The-Rhine neighborhood of Cincinnati, OH.

50 PENN

Brooklyn,
NY
(2022)

Affordable Housing, Grocery and Fresh Food

CDE(s): RBC Community Development

NMTC funding will provide funds for a new “FRESH” supermarket, plus operating expenses during lease-up and working capital during rent-abatement period. This project’s financing is part of a $10.5 million

College Park

Jacksonville,
FL
(2022)

Business Development, Community, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation, RBC Community Development

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL

The Station at Grant Avenue

Plainfield,
NJ
(2017)

Affordable Housing, Mixed-use

CDE(s): RBC Community Development

The project is the largest mixed use development the city has seen in more than 40 years. The NMTC portion of the project supported ABC Supply Co. Inc.’s recently opened

Eastside Community Center Tacoma

Tacoma,
WA
(2017)

Boys and Girls Clubs, Community, Community Center, Indian Country, Recreation, Youth and Families

CDE(s): Low Income Investment Fund, Northern Trust, RBC Community Development

Development of Eastside Community Center Tacoma, a 55,000 sq. ft. facility operated in connection with Boys & Girls Clubs of South Puget Sound.

The Mill House

Greensboro,
NC
(2021)

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

CDE(s): National Trust Community Investment Corporation, RBC Community Development, Truist

NMTC financing for the Mill House, the final phase of the historic Revolution Mill Complex revitalization in Greensboro, North Carolina.

Hinchliffe Stadium Rehab

Paterson,
NJ
(2021)

Arts, Community, Disability Services, Historic Tax Credit, Restaurants and Catering, Retail and Commercial, Theaters and Performing Arts Spaces

CDE(s): Consortium America, New Jersey Community Loan Fund, RBC Community Development, USBCDE

NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J.

Sibley Mixed-Use

Rochester,
NY
(2016)

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

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

Iconic Rochester, NY building gets wholesale landmark makeover

Highland Accelerator

Omaha,
NE
(2016)

Adult Education, Affordable Housing, Business Development, College or Vocational Training, Community, Food Manufacturing, Healthcare, Incubator, Manufacturing

CDE(s): Chase, Dakotas America, RBC Community Development

A nonprofit organization with the mission of revitalizing the Highlander neighborhood of North Omaha-the blighted and highly disinvested former site of a failed 23-acre public housing complex demolished in 2009.

Model Mill

Johnson City,
TN
(2018)

Business Development, Historic Rehabilitation, Office

CDE(s): People Incorporated Financial Services, RBC Community Development

Financing for rehab of the Model MIll on West Walnut Street into a new headquarters for a business.

Dayton Arcade

Dayton,
OH
(2023)

Arts, Community, Historic Rehabilitation, Historic Tax Credit, Housing, Mixed-use, Retail

CDE(s): Consortium America, Dayton Region New Markets Fund, MBS Urban Initiatives, RBC Community Development

Redevelopment of the historic Dayton Arcade, a collection of nine buildings totaling over 330,000 sq. ft. in the heart of downtown Dayton's central business district.

Atlanta Habitat for Humanity

Atlanta,
GA
(2019)

Adult Education, Affordable Housing, College or Vocational Training, Community, Habitat for Humanity, Housing

CDE(s): Local Initiatives Support Corporation, RBC Community Development, Truist

A new Habitat for Humanity headquarters now serves the South Fulton Community, along with infrastructure development for new mixed-income community of Browns Mill Village.

Baw Development Lands $94 Million in Construction Financing for Redevelopment of Hinchliffe Stadium

Community, Historic Rehabilitation, Housing

CDE(s): Consortium America, New Jersey Community Loan Fund, RBC Community Development, USBCDE

NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J.