Little Havana Social Services

Multipurpose facility with senior center and adult and child day care, activity center, nutrition center, and FQHC clinic.

Camillus House 2

Camillus House is a full-service center offering a comprehensive system of care for the over 4,000 homeless individuals in Miami-Dade County. Founded in 1960 as a small overnight shelter to help Cuban exiles as they arrived in Miami, the organization has grown to provide services at 16 locations throughout Miami-Dade County. These services include substance abuse and mental health treatment; emergency, transitional, and permanent housing; hospitality (clothing, restrooms, showers) and food services; and healthcare through a sister organization. In 2015, Camillus House provided 350,000 free meals, treated 29,535 patients for behavioral health issues, and provided medical care to 4,200 patients. UACD provided Federal and Florida state NMTC allocation to Camillus House, the proceeds of which funded an expansion of their emergency shelter capacity by 118 beds, reactivated 28 Jail Diversion program beds, and funded an additional 120 service provision instances as part of the Lazarus Project, an outreach program for hard-to-reach homeless individuals with mental illness.

Jessie Trice Community Health System

Jessie Trice Community Health System (JTCHS), a nonprofit Federally Qualified Health Center (FQHC), has served Miami-Dade County since 1967. From its beginnings in a trailer, JTCHS has grown to own and operate 11 Comprehensive Primary Care centers including a 40 bed Women’s Residential Center for substance use, 1 university- and 40 school-based health centers. Clinical outcomes and a focus on reducing healthcare disparities rank JTCHS among the best accredited community healthcare organizations in the nation. With financing from the New Markets Tax Credit Program, Jessie Trice CHS is expanding its Miami Gardens location. The new 15,191 sq-ft facility will serve an estimated 13,400 clients – 92% low-income – with medical, dental, mental health, and pharmacy services. For uninsured or under-insured patients, discounted fees are available on a sliding fee scale.

Care Resources Community Health Center

On July 9, 2019, Community Health Center Capital Fund (Capital Fund) completed $10.7 million in New Markets Tax Credits (NMTC) financing for Care Resource Community Health Center to support the $32.8 million expansion of its main facility in Miami, FL. In addition to the tax credits provided by Capital Fund, project financing also included a $2 million direct loan from Capital Fund, an NMTC equity investment and loan from Primary Care Development Corporation, a Health Center Program grant from the Health Resources and Services Administration, a loan from National Cooperative Bank, and the health center’s own cash investment.

Lotus Village

As of early 2016, Lotus House, a nonprofit homeless services provider, served over 400 women, youth, and children annually in an undersized, functionally obsolete, and aging facility. Because of the great need for homeless services in Miami-Dade County, Lotus House was forced toturn away over 2,500 people each year. To address this need, Lotus Endowment Fund, Inc. sought to develop the Lotus Village project, a 100,000 sq. ft. comprehensive homeless services facility. Lotus Village will not only house, heal, and empower women, youth, and children, it will expand on the over 95,000 meals, 73,000 shelter bed nights, and 4,500 counseling sessions per year provided by Lotus House. Construction of the new facility required approximately $28.6 million in total development costs. Project financing includes New Markets Tax Credt (NMTC) equity, $19 million in short term debt from Bank of America, NA, and approximately $2.7 million in sponsor equity. Banc of America Community Development Corporation is the NMTC investor. ESIC New Markets Partners Limited Partnership is providing $9 million in NMTC Allocation to the project. Florida Community Loan Fund, Inc. and Banc of America CDE, LLC are also providing $13.5 million and $4 million, respectively, in NMTC allocation to the Project. This transaction was brought to Enterprise by SB Friedman Development Advisors. Thanks to the NMTC, The Lotus Village project is anticipated to be completed in March 2018, providing many community impacts that will benefit Miami-Dade County. Lotus Village is projected to generate 73 new permanent FTE jobs and will continue its efforts to hire locally, including on numerous occasions hiring clients/patients that are employment ready. The project includes 140 campus-style, living units; a children’s wellness center and daycare facility; a community health clinic; a commercial kitchen to prepare healthy food for the guests, which also serves as a classroom for training and nutrition programs; and space for the education, counseling and job training programs. Once completed, the project will serve approximately 300,000 meals annually to guests of the project and individuals in the community. The Lotus Health and Wellness Clinic will serve women and children with seven exam rooms, two dental chairs, and a room specially designed for eye care. The onsite Bright Spirit Children’s Wellness Center and daycare will serve approximately 72 infants, toddlers, and pre-school age children. Daycare services are open to homeless families at Lotus Village and members of the surrounding community. A pavilion and onsite gardens will be the location for meals and group activities and support Lotus Village’s healing mission.


Florida Community Loan Fund (FCLF) used its New Markets Tax Credit (NMTC) to finance a new school facility. FCLF provided a loan for $7.4 million and the credit will allow the ASPIRA project to gain up to $1.5 million in equity at the end of seven years. NCB Capital Impact and U.S. Bancorp Community Development Corporation (USBCDC) provided the debt and equity for this transaction, with NCB as the leveraged lender for $5.8 million and U.S. Bancorp providing $1.6 million in equity.

This project will allow the school to double its enrollment from 300 to 600 students. This project is noteworthy for its financing with a unique partnership among financial services and community development institutions and the federal NMTC Program. NCB Capital Impact provided its expertise in charter school underwriting, construction management and loan servicing. Without the NMTC, the school would not have been able to afford a new building with this amount or quality of space.

Camillus House 1

Camillus House has provided services to homeless and at-risk clients in Miami-Dade for 50 years through 12 locations. The organization is relocating to the Norwegian Cruise Line Campus of Camillus House, which will consist of 7 buildings (3 of which are funded through this NMTC project).