CDE: Urban America

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

L.A. Prep Project Lincoln Heights Secures Financing

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, HFFI, Incubator, Manufacturing

CDE(s): Los Angeles Development Fund, Urban America

Developer plans $160M mixed-used project near Anschutz Medical Campus

Business Development, Community, Healthcare, Hotels and Tourism, Mixed-use, Restaurants and Catering, Retail and Commercial

CDE(s): Urban America

Second Harvest Food Bank of Central Florida

Orlando,
FL
(2012)

Community, Daycare and Early Childhood, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food, Youth and Families, Youth Program

CDE(s): CCG Community Partners, Urban America, Wells Fargo

Second Harvest Food Bank of Central was able to secure a new, 100,000 sq. ft. food bank and distribution center serving central Florida communities thanks to the NMTC.

Hill Building Rehab

Durham,
NC
(2007)

Business Development, Historic Rehabilitation, Historic Tax Credit, Hotels and Tourism, Mixed-use

CDE(s): National Trust Community Investment Corporation, Urban America

NMTC financing to rehab the Morgens Brothers building, constructed in 1910.

The Warren Alpert Medical School of Brown University

Providence,
RI
(2010)

College or Vocational Training, Community, Healthcare, Higher Education, Mixed-use, Office

CDE(s): Consortium America, Mid-City Community CDE, Urban America, Urban Research Park CDE

The Alpert Medical Center is a revitalization gem in Providence's Jewelry District.

Continental Tire

Sumter,
SC
(2012)

Business Development, Environment, Manufacturing

CDE(s): Chase, CRFUSA, Grow America, People Incorporated Financial Services, Urban America

NMTC equity allowed Continental Tire to expand their North American operations in the United States, rather than in another part of North America or South America.

Newark Farmer’s Market

Newark,
NJ
(2013)

Community, Food Bank or Pantry, Grocery and Fresh Food, HFFI, Homeless Services, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food, Warehouse and Wholesale

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

One phase of a 180,000 sq.ft. food processing and distribution project with this phase consisting of 90,000 sq. ft.

LA Prep Kitchen

Los Angeles,
CA
(2017)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, HFFI, Incubator, Manufacturing

CDE(s): Los Angeles Development Fund, Urban America

NMTC financing for a project serves as an incubator for 50 small- to medium-sized food producers that have outgrown their startup spaces.

Huntington Avenue YMCA

Boston,
MA
(2012)

Community, Daycare and Early Childhood, FQHCs, Healthcare, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Mid-City Community CDE, Urban America, WNC National Community Development Advisors

Financing for a new YMCA for YMCA of Greater Boston, founded in 1851 as the country’s first Y.

Thinkery

Austin,
TX
(2012)

Arts, Community, Daycare and Early Childhood, Environment, Museums, Youth and Families

CDE(s): AMCREF, Capital One, Urban America

Thinkery is a non-profit LEED Silver educational museum for children.

Block 21 at Anschutz Medical Campus

Aurora,
CO
(2010)

Business Development, Community, Healthcare, Hotels and Tourism, Mixed-use, Restaurants and Catering, Retail and Commercial

CDE(s): Urban America

A six-story hotel and conference center as well as a four-story, 100-unit apartment complex; stores; restaurants; and an urban park.

Charles R. Drew Jr. Charter Schools

Atlanta,
GA
(2013)

Arts, Community, Schools, Theaters and Performing Arts Spaces

CDE(s): CAHEC, Low Income Investment Fund, PNC, Truist, Urban America

The construction of a new 200,000 sq. ft. educational facility and grow to include a high school.