Ritchie Torres (D-NY15)

Tax Staffer: Zach Grossman, zach.grossman@mail.house.gov.

Congressman Ritchie Torres (D-NY) Attends Groundbreaking for $39 million New York Regional Food Hub

Construction has started on the 60,000-square-foot New York State Regional Food Hub in the Hunts Point neighborhood of the Bronx.

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District Highlights (Through 2023)

37 projects
694,354,381 in NMTC allocation
2,068,129,098 total project financing
5,111 FTE jobs created or retained
7,351 construction jobs created
4 federally qualified health centers

37

projects

$694,354,381

NMTC Allocation

$2,068,129,098

in total project financing

5,111

FTE jobs

7,351

construction jobs

4

federally qualified health centers

NMTC Project Profiles (Inside the District)

KIPP New York, Inc. (2023)

Bronx, NY

Schools
CDEs: Capital One, NYCR-CDE

Construction of a 155k SF, seven-story high school campus to be known as KIPP Canal Street West. The state-of-the-art facility features 40 classrooms, science labs, a gymnasium and cafetorium, a

Hope House (2023)

Bronx, NY

Behavioral Health
CDEs: NYC Neighborhood Capital Corporation

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community

Dream Charter School (2022)

Bronx, NY

Healthcare, Schools
CDEs: NYCR-CDE, TruFund, USBCDE

This project will finance the redevelopment of the historic and iconic “History Channel Building,”previously vacant for more than 20 years, into a 188,181 sq. ft. educational facility in the Mott

Bogopa/Food Bazaar (2020)

Bronx, NY

Grocery and Fresh Food
CDEs: NYC Neighborhood Capital Corporation, Popular Community Capital

The project is the $15.5 million fit out of an 80,000 sq. ft. supermarket in the Bronx Terminal Market at 610 Exterior Street, Lower Concourse, Bronx.

LA Central (2019)

Bronx, NY

Affordable Housing, Community, Daycare and Early Childhood, HFFI, Infrastructure, Mixed-use, Retail, Retail and Commercial, Transportation and Ports, Youth and Families
CDEs: Citibank, Dudley Ventures

A catalyst for economic development will supply 992 units of much needed affordable housing, community-serving retail space and community facility space to a low-income neighborhood.

Madison Square Boys & Girls Club (2017)

New York, NY

Boys and Girls Clubs, Community, Community Center, Daycare and Early Childhood, Recreation, Youth and Families
CDEs: Nonprofit Finance Fund, NYC Neighborhood Capital Corporation, PNC, TruFund

A new, $48 million, 50,000-sq. ft. youth recreation and academic support center in Central Harlem, Manhattan, one of the most underserved urban neighborhoods in the country.

Urban Health Plan (2017)

Bronx, NY

Behavioral Health, Community, FQHCs, Healthcare
CDEs: Nonprofit Finance Fund

UHP used NMTC financing to build a new 54,000-sq. ft. facility adjacent to their currently overcrowded site in the Morrisania neighborhood of the Bronx.

Boom! Health (2016)

South Bronx, NY

Behavioral Health, Community, FQHCs, Healthcare, LGBTQ, Targeted Populations
CDEs: Enterprise Community Partners

The acquisition and renovation of a 35,000 sq. ft. building in the South Bronx for Boom!Health's new Wellness Center.

Fresh Direct (2015)

Bronx, NY

Business Development, Food Manufacturing, Grocery and Fresh Food, HFFI, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale
CDEs: 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.

Triangle Plaza Hub (2013)

Bronx, NY

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Grocery and Fresh Food, Healthcare, HFFI, Mixed-use, Retail, Retail and Commercial, Youth and Families
CDEs: GS New Markets Fund, Low Income Investment Fund, United Fund Advisors

Mixed-use development to bring fresh food, accessible healthcare and job opportunities to a highly distressed community in the South Bronx.

Robin Hood – KIPP NYC College Prep (2011)

Bronx, NY

Community, Schools
CDEs: Consortium America, CRFUSA, United Fund Advisors

A public college prep program finds a permanent home and a better education for 1,000 students in the Bronx.

New Settlement Community Center (2011)

Bronx, NY

Community, Community Center, Daycare and Early Childhood, Public School, Recreation, Schools, Youth and Families
CDEs: Local Initiatives Support Corporation

Construction of a 172,000 sq. ft. building that includes a 24,000 sq. ft. community center with an indoor pool financed through NMTC program, and a 148,000 sq. ft. public school.

Bronx Lighthouse Academy (2011)

Bronx, NY

Community, Schools, Youth and Families
CDEs: Low Income Investment Fund

Through a partnership with JPMorgan Chase, LIIF provided Bronx Lighthouse Charter School NMTC financing to build a new high school in the South Bronx.

Boricua College (2007)

Bronx, NY

Adult Education, Affordable Housing, College or Vocational Training, Community, Higher Education, Housing, Retail, Retail and Commercial
CDEs: Citibank, Enterprise Community Partners, TruFund

The Boricua College project is the new construction of a 120,000 sq. ft. academic and administrative building for Boricua College in the Bronx.

Bronx Early Learning Volunteers of America (2006)

Bronx, NY

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Disability Services, Youth and Families
CDEs: Enterprise Community Partners

The Bathgate Early Learning Center involved the rehabilitation of a 30,000 sq. ft. office building at 1887-1895 Bathgate Avenue in the borough of The Bronx in New York City.

Projects Nearby the District

New York, NY (2012)

Harlem Hospital Center