CDE: USBCDE

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

Capitol Distributing III, LLP

Caldwell,
ID
(2018)

Adult Education, Business Development, College or Vocational Training, Grocery and Fresh Food, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): Community Health Center Capital Fund, Mofi, USBCDE

New construction of a building that houses for distribution goods sold in convenience and small grocery stores.

Cristo Rey – Milwaukee

Milwaukee,
WI
(2019)

Community, Daycare and Early Childhood, FQHCs, Grocery and Fresh Food, Healthcare, Private School, Religious Organizations, Retail, Retail and Commercial, Schools, Targeted Populations, Youth and Families, Youth Program

CDE(s): First-Ring Industrial Redevelopment Enterprise, Forward Community Investments, Raza Development Fund, USBCDE

Construction of a 106,369 sq. ft. educational facility on donated property.

Boys and Girls Club of Central Florida

Orlando,
FL
(2019)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families, Youth Program

CDE(s): BBIF, Popular Community Capital, USBCDE

Boys and Girls Clubs of Central Florida constructed a new facility in Orlando, FL and expanding another in Eatonville, FL to accommodate the growing demand for its services.

Hmong American Partnership

Saint Paul,
MN
(2020)

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

CDE(s): USBCDE

The acquisition of a renovated 32,000 square foot building that now houses educational and job training programs sponsored by Hmong American Partnership.

Tate, Etienne, Prevost Center

New Orleans,
LA
(2020)

Adult Education, College or Vocational Training, Community, Floods, Katrina, Mixed-use, Nonprofit Hub

CDE(s): Central States Development Partners, Enhanced Capital, USBCDE

Civil rights trailblazer secures timely financing and breathes new life into history-making school.

Byrd Barr Place

Seattle,
WA
(2021)

College or Vocational Training, Healthcare, Nonprofit Hub

CDE(s): Enterprise Community Partners, USBCDE

The preservation and substantial renovation of Firehouse 23, a two-story, 11,000 sq. ft. former fire station in the Central District neighborhood of Seattle, WA.

Camdentown Flats

Minneapolis,
MN
(2022)

Mixed-use

CDE(s): USBCDE

This investment will finance the construction of a 7,119 sq. ft., 9-unit multi-family corporate housing development designed to provide affordable live/workspace for professionals of color in the Camd […]

Lendistry Fund – Black Paper Party Project

Jersey City,
NJ
(2023)

CDE(s): USBCDE

Black Paper Party is an MWBE seeking working capital and debt refinancing to continue to provide holiday gift wrapping solutions.

Presbyterian Villages of Michigan

Westland,
MI
(2023)

PACE

CDE(s): Capital Impact Partners, USBCDE

Capital Impact Partners provided loans totaling $8.4 million ($8.7 million NMTC allocation) for the renovation and expansion of an approximately 6,000 sq. ft. building into an approximately 23,300 sq. ft.

EastSide STEM HUB, Inc.

Wilmington,
DE
(2023)

Manufacturing, Youth and Families

CDE(s): Cinnaire New Markets, USBCDE

Wilmington STEM Hub Funded by NMTC & Community Partners

College of the Desert Indio Education Campus Expansion

Indio,
CA
(2024)

Makerspace

CDE(s): Border Communities Capital Company, California Statewide Communities Development Corporation, Clearinghouse CDFI, Prestamos CDFI, Self-Help, TELACU, USBCDE

NMTC financed project expands training and education for 10,000 students

Coastal Bend Food Bank

Corpus Christi,
(2022)

CDE(s): Capital Impact Partners, Raza Development Fund, Texas Mezzanine Fund, USBCDE

Coastal Bend Food Bank, a nonprofit providing emergency food assistance across an eleven-county service area in South Texas, constructed an approximately 108,200 sq. ft. warehouse and distribution center to increase

West Texas Food Bank

Midland,
TX
(2016)

CDE(s): MBS Urban Initiatives, USBCDE

NMTC financing supported new construction of a 11,150 sq. ft. facility for food bank education and programming, food storage, and distribution.

Ariel On Broadway

Lorain,
OH
(2018)

CDE(s): USBCDE

Formerly the Spitzer Hotel before it sat vacant for more than a decade, the Broadway Building was an eyesore on the city's main thoroughfare until it was revitalized.

Akin Co

Los Angeles,
CA
(2023)

Retail

CDE(s): USBCDE

Borrower is a black woman-owned general contractor and construction management company specializing in major residential complexes, commercial and retail buildings. Borrower’s headquarters is located in Los Angeles and they plan

Educare DC

Washington,
DC
(2012)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): DC Housing Enterprises, USBCDE

An innovative state-of-the-art pre-school offering early childhood educational programs supported by Head Start.

International Civil Rights Center & Museum

Greensboro,
NC
(2009)

Community, Museums

CDE(s): Stonehenge Community Development, USBCDE

A comprehensive Civil Rights museum and an innovative social justice educational organization devoted to the understanding and advancement of civil and human rights at home and around the world.

The Justice Thurgood Marshall Center

Baltimore,
MD
(2022)

Museums, Nonprofit Hub

CDE(s): The Reinvestment Fund, USBCDE

Thurgood Marshall's old school in West Baltimore becomes community center

Boys & Girls Club and Head Start Program

Rochester,
MN
(2012)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): Midwest Minnesota CDC, USBCDE

Financing for the Child Youth Services Center with boys and girls club and headstart

Oasis Fresh Market

Tulsa,
OK
(2021)

Grocery and Fresh Food, Historic Rehabilitation

CDE(s): Hampton Roads Ventures, USBCDE

Tulsa Economic Development Corporation (TEDC) has constructed a new 17,000 sq. ft. grocery store in Tulsa, Oklahoma. The project is part of the ongoing redevelopment of Tulsa’s African American Community,

Urban League of Metro Saint Louis Headquarters

Saint Louis,
MO
(2021)

Historic Rehabilitation, Retail, Youth and Families

CDE(s): USBCDE

This 205,000 sq. ft. commercial center will be renovated for use as the Urban League of Metro St. Louis's (ULMSL) Headquarters, Social Innovation Center and tenant retail space.

R&R Marketplace

Dellwood,
MO
(2022)

Nonprofit Hub, Salvation Army

CDE(s): Heartland Regional Investment Fund, USBCDE

This investment will finance the renovation of a former grocery-anchored shopping center located in Dellwood, MO that has remained vacant for almost 18 years into a vital resource for the

Discovery Cube LA

Los Angeles,
CA
(2012)

Community, Museums, Recreation

CDE(s): Los Angeles Development Fund, USBCDE

Exhibit design and fabrication for a children's science center, as well as building modifications to the existing shell and core located in the Hansen Dam Recreation Area.

North Austin Community Center

Chicago,
IL
(2021)

Brownfield Remediation, Community, Recreation

CDE(s): Chicago Community Loan Fund, Enhanced Capital, USBCDE

A 140,000 sq. ft. community center on a long-vacant 6.7-acre brownfield site in North Austin that was most recently owned by the City of Chicago.

Hinchliffe Stadium Rehab

Paterson,
NJ
(2021)

Community, 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.

ARCO

Cincinnati,
OH
(2019)

Community, Historic Rehabilitation, Theaters and Performing Arts Spaces

CDE(s): Brownfield Revitalization, Cincinnati Development Fund, USBCDE

Blighted building brought back to life as a new Cincinnati hub for arts, education, music, and community events

Big Brothers Big Sisters – Kranzberg Arts Center

Saint Louis,
MO
(2007)

Community, Theaters and Performing Arts Spaces

CDE(s): National Trust Community Investment Corporation, USBCDE

Financing for the $13.9M Big Brothers Big Sisters Building, formerly a Woolworth store.

SteelStacks

Bethlehem,
PA
(2010)

Brownfield Remediation, Community, Theaters and Performing Arts Spaces

CDE(s): Commonwealth Cornerstone Group, Nonprofit Finance Fund, USBCDE

Financing for a nonprofit organization dedicated to the celebration of arts and culture in the Lehigh Valley region, and the Lehigh Valley Public Telecommunications Corporation.

Destination Crenshaw

Los Angeles,
CA
(2021)

College or Vocational Training, Incubator, Museums

CDE(s): BSD Capital, Building America CDE, Local Initiatives Support Corporation, USBCDE

A reparative development, open-air museum project and one of the largest black public art projects in the U.S.

Northside Community Hub

Memphis,
TN
(2023)

Goodwill, Nonprofit Hub

CDE(s): Hope Enterprise, MBS Urban Initiatives, Pathway Lending, Rose Urban Green Fund, USBCDE

Led by the development team of CompCap Partners and the Works, the Northside Community Hub project will breathe new life into a high school building, shuttered since 2016. Once completed,

Hunger Solution Center

Seattle,
WA
(2015)

Community, Shelters and Community Food

CDE(s): CCG Community Partners, USBCDE

A new food distribution center provides food for low-income individuals and classrooms for outreach programs.

Sacred Heart Community Services

San Jose,
CA
(2021)

College or Vocational Training, Shelters and Community Food

CDE(s): Partners for the Common Good, USBCDE

The NMTC financing supported the renovation of a two-story, 12,000 sq. ft. building in San Jose to provide additional space for a nonprofit's growing programs and services.

Newark Call Center

Newark,
NJ
(2013)

Mixed-use, Office, Professional Services, Retail, Retail and Commercial, Sandy

CDE(s): CCG Community Partners, New Jersey Community Loan Fund, USBCDE

NMTC financing supported the rehab and new construction of two modern, mixed-use buildings in order to retain and attract tenants that provide diverse services to the Newark community, in the

The Roshek Building

Dubuque,
IA
(2009)

Community, Mixed-use, Nonprofit Hub, Retail

CDE(s): Iowa Community Development, United Fund Advisors, USBCDE

A long underutilized historical building is rehabilitated to become an IBM regional service headquarters.

Detroit People’s Food Commons Development

Detroit,
MI
(2022)

Community, Incubator, Mixed-use

CDE(s): Local Initiatives Support Corporation, Michigan Community Capital, USBCDE

This project will finance the construction of a 31,000 sq. ft. multi use development of a co-op grocery store in the Central Woodward neighborhood of Detroit, Michigan.

Blackstone Valley Prep

Cumberland,
RI
(2013)

Community, Schools

CDE(s): Civic Builders, USBCDE

Blackstone Valley Prep Mayoral Academy High School is the third school developed in the partnership between Civic Builders and the BVP charter network.