CDE: Urban Action 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

Electric Works – West Campus

Fort Wayne,
IN
(2021)

Community, Healthcare, Historic Rehabilitation, Incubator, Mixed-use, Mixed-use and Commercial, Nonprofit Hub, Retail

CDE(s): BMO Harris, Fort Wayne New Markets Revitalization Fund, French Lick Redevelopment CDE, National Trust Community Investment Corporation, Urban Action Community Development

NMTC financing supported a new innovation district in Fort Wayne, IN.

CAM Raleigh

Raleigh,
NC
(2010)

Museums

CDE(s): Urban Action Community Development

Historic rehabilitation of the Brogden Produce Company Warehouse into the new Museum for Contemporary Art and Design (CAM).

Central Texas Food Bank

Austin,
TX
(2015)

Community, Shelters and Community Food

CDE(s): Chase, Texas Mezzanine Fund, Urban Action Community Development

The expansion of the facility allowed the food bank to distribute an additional 36 million pounds of food, which is the equivalent of an additional 30 million meals for hungry

Meals on Wheels Client Assistance, Inc.

Haltom City,
TX
(2015)

Community, Shelters and Community Food

CDE(s): Capital Impact Partners, Chase, Community Hospitality Healthcare Services, Urban Action Community Development

The construction of new food distribution facility for Meals on Wheels of Tarrant County.

Second Harvest Food Bank of Northwest NC

Winston-Salem,
NC
(2021)

College or Vocational Training

CDE(s): CCG Community Partners, People Incorporated Financial Services, Urban Action Community Development

Urban Action Community Development deployed $6MM of its Round 17 NMTC Allocation for the new construction, FFE, and working capital needs of a food bank in Winston-Salem, NC.

The Welcome House of Northern Kentucky

Covington,
KY
(2022)

Healthcare, Shelters and Community Food

CDE(s): Central States Development Partners, Urban Action Community Development

The Welcome House, Inc., which serves eight counties in Northern Kentucky, has a 40-year track record of meeting the needs of the homeless and those living in poverty who are

Camillus House 2

Miami,
FL
(2015)

Adult Education, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Shelters and Community Food

CDE(s): Citibank, Urban Action Community Development

A full-service center offering a comprehensive system of care for the over 4,000 homeless individuals in Miami-Dade County.

Hope Harbor

Houston,
TX
(2018)

Addiction Treatment, Behavioral Health, Healthcare, Shelters and Community Food

CDE(s): Capital One, PeopleFund NMTC, Urban Action Community Development

NMTC financing supported a nonprofit organization providing transitional housing for Houston's homeless population

Center for Health Care and Healthy Living

Baltimore,
MD
(2018)

Addiction Treatment, Adult Education, Behavioral Health, College or Vocational Training, Community, Healthcare, Historic Rehabilitation, Mixed-use, Nonprofit Hub

CDE(s): Harbor Bankshares Corporation, The Reinvestment Fund, Urban Action Community Development

The redevelopment of the historic building into a Center for Health Care and Healthy Living, leased by the City of Baltimore for various health and community service tenants.

MLK Community Hospital (MLKCH)

Los Angeles,
CA
(2023)

Hospitals and Emergency Services

CDE(s): Clearinghouse CDFI, Ecotrust, Local Initiatives Support Corporation, Urban Action Community Development

Urban Action Community Development (“UACD”) deployed $8.75 million in Round 18 NMTC allocation to the Martin Luther King Jr Community Healthcare (“MLKCH” and “Hospital”) located in the heart of South

The Crossing at Brick Church

East Orange,
NJ
(2022)

FQHCs, Mixed-use

CDE(s): Dudley Ventures, Enterprise Community Partners, Local Initiatives Support Corporation, Mid-City Community CDE, New Jersey Community Loan Fund, PNC, The Reinvestment Fund, Urban Action Community Development

The Crossings at Brick Church Station is an urban, mixed-use redevelopment anchored by a 68,000 sq. ft. ShopRite Supermarket, 24,000 sq. ft. of retail space including 2,000 sq. ft. of

The Innovation Hub at 16 Tech

Indianapolis,
IN
(2019)

Adult Education, Affordable Housing, College or Vocational Training, Community, Culinary Entrepreneurship, Historic Rehabilitation, Housing, Incubator, Makerspace, Manufacturing

CDE(s): Indianapolis Redevelopment CDE, Local Initiatives Support Corporation, Urban Action Community Development

NMTC financing turns abandoned building into a hub for entrepreneurship and opportunity

Rail and Commerce

Omaha,
NE
(2016)

Business Development, Community, Incubator, Manufacturing

CDE(s): National Trust Community Investment Corporation, Urban Action Community Development, Wells Fargo

The substantial rehabilitation of a former United States Postal Service mail sorting facility into commercial office and creative co-working space supporting local startups and growing businesses.

Novation Campus

Madison,
WI
(2011)

Community, Incubator, Manufacturing, Retail

CDE(s): Urban Action Community Development

The Novation Campus is a 62-acre commercial development in Madison, Wisconsin.

Wilson Lofts

Community, Historic Rehabilitation, Mixed-use, Restaurants and Catering, Workforce Housing

CDE(s): Five Points Capital, Urban Action Community Development

Award Winning Project Brings the Wilson Buildings Back to Live in Clinton, IA

Regional One Health’s Oncology Center

Memphis,
TN
(2021)

Healthcare

CDE(s): Community Hospitality Healthcare Services, Pathway Lending, Urban Action Community Development

NMTC financing supported the launching of a new, onsite full-service oncology program for a safety net hospital in Memphis, TN. The project will occupy two dedicated floors in the Regional

United Alloy

Seguin,
TX
(2023)

Manufacturing

CDE(s): Central States Development Partners, Petros Community Impact Fund, Truist, Urban Action Community Development

United Alloy produces the highest quality leak-proof metal fuel tanks, reservoirs, skids, frames, chassis, trailers, heavy metal fabrications, and complex weldments; and its primary customer is Caterpillar – the world’s

Dayton Children’s Hospital

Dayton,
OH
(2023)

Healthcare

CDE(s): Dayton Region New Markets Fund, Urban Action Community Development

Urban Action Community Development (“UACD”) deployed $7.25 million in Round 18 NMTC allocation to the Dayton Children’s Hospital (“the Hospital”) so that it can increase its level of care for

Highland Baking Company (2023)

Spartenburg,
SC
(2023)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Chase, Local Initiatives Support Corporation, National New Markets Fund, Urban Action Community Development

NMTC financing helped expand the Highland Baking Company plant in Spartanburg, South Carolina.

New York City Regional Center Managed Entity Closes First New Market Tax Credit Transaction

Business Development, Food Manufacturing, Grocery and Fresh Food, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): Chase, Citibank, Hampton Roads Ventures, Mid-City Community CDE, Urban Action Community Development

U.S. Bank to provide $16.5 million in tax credits for CORTEX Heritage Building

Affordable Housing, Community, Historic Rehabilitation, Housing, Manufacturing, Mixed-use, Restaurants and Catering, Retail and Commercial

CDE(s): City First, Urban Action Community Development, USBCDE

Wilson Lofts

Clinton,
IA
(2021)

Community, Culinary Entrepreneurship, Historic Rehabilitation, Housing, Makerspace, Mixed-use, Retail

CDE(s): Five Points Capital, Urban Action Community Development

NMTC Allocation supported the adaptive reuse of a historic building into a mixed-use housing and business incubator in Clinton, IA.

Joe Summers

CDE(s): Urban Action Community Development

Mr. Summers is highly regarded in the real estate industry with more than 30 years of financial consulting and capital placement experience. As Director of Investment Services, and leader of

Grady Center for Advanced Surgical Services

Atlanta,
GA
(2020)

Community, Fighting Cancer, Healthcare, Hospitals and Emergency Services, Safety Net Hospital

CDE(s): Carver State Bank, CCG Community Partners, Community Hospitality Healthcare Services, Local Initiatives Support Corporation, Truist, Urban Action Community Development

A new, 555,000 square foot facility with eight operating rooms, four endoscopy rooms, a Cancer Center, surgical clinics including orthopedics, general surgery, ENT, oral surgery, an Eye Center, and imaging,

Mother Mary Lange Catholic School

Baltimore,
MD
(2020)

Community, Schools

CDE(s): Harbor Bankshares Corporation, Urban Action Community Development

Finances the construction of a new 65,000-sq. ft., three-story elementary school that will house two classes per grade level and a 520-student capacity.

Publix Super Markets

Miami,
FL
(2019)

Brownfield Remediation, Grocery and Fresh Food, Mixed-use, Retail, Retail and Commercial

CDE(s): BBIF, Urban Action Community Development

Leasehold improvements and equipping two grocery stores operated under the Publix Supermarkets brand.

Bailey Power Plant

Winston-Salem,
NC
(2016)

Affordable Housing, Brownfield Remediation, Community, Housing, Mixed-use, Retail

CDE(s): National Trust Community Investment Corporation, Urban Action Community Development, Urban Research Park CDE

The adaptive re-use of a former RJ Reynolds tobacco facility that is being redeveloped by Wexford Science and Technology, LLC into an 110,815 sq ft mixed-use, LEED Silver certified historic

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.

The Plant

Providence,
RI
(2006)

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

CDE(s): Chevron NMTC Fund, Local Initiatives Support Corporation, Urban Action Community Development

Historic rehabilitation of a building into a mixed-use facility with live/work and retail space.

Creighton University School of Dentistry

Omaha,
NE
(2016)

Adult Education, College or Vocational Training, Community, Dental Services, Healthcare, Vocational Training

CDE(s): Urban Action Community Development, Urban Research Park CDE

Construction of a school of dentistry located in a Medically Underserved Area.

Edgemont Campus

Dayton,
OH
(2020)

Community, Dental Services, FQHCs, Healthcare

CDE(s): Community Health Center Capital Fund, Dayton Region New Markets Fund, Urban Action Community Development

National Cooperative Bank along with Wright-Patt Credit Union, provided NMTC financing to support the development of a 2 ½ story, 84,000 sq. ft. healthcare facility on four acres of land

Findlay Kitchen

Cincinnati,
OH
(2016)

Affordable Housing, Business Development, Community, Historic Rehabilitation, Incubator, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): Urban Action Community Development

This is the substantial rehabilitation and adaptive reuse of eight historic buildings located in a three block area of the Over-the-Rhine neighborhood.

Fresh Direct

Bronx,
NY
(2015)

Business Development, Food Manufacturing, Grocery and Fresh Food, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): Chase, Citibank, Hampton Roads Ventures, Mid-City Community CDE, Urban Action Community Development

Financing for a fresh food focused supplier supporting efforts to expand healthy foods access.

Tech Innovation District Indianapolis Celebrates Its Launch

Business Development, College or Vocational Training, Community, Incubator, Vocational Training

CDE(s): New Markets Investment CDE, Urban Action Community Development

NMTC financing turns abandoned building into a hub for entrepreneurship and opportunity