New York Fact Sheets, Stories, and Impact

Fact Sheet

Community Testimonials

CSH has received five NMTC allocations totaling $235 M in credit allocations to finance 16 projects and counting that serve low-income, high-health need individuals that are homeless or at risk of homelessness. These projects include: 1) community health centers, 2) projects that offer supportive services including social, healthcare, educational, food security and/or workforce development programs; and (3) mixed-use projects with onsite supportive housing and the uses specified above. Our goal is to strengthen links between housing and services, and CSH offers free technical assistance and training to our borrowers to help further those connections. Specifically, our NMTC investments have:- Helped to build over 580,000 SF of service space, including nearly 250,000 SF for healthcare; – Generated a projected 1,600 construction jobs and over 800 permanent jobs; – Expanded access to primary healthcare, behavioral healthcare, early childhood and adult education programs, and case management services to over 89,000 people annually; and – Supported the development of over 1,200 affordable housing units, including over 800 supportive housing units.

Jill Steen, Corporation for Supportive Housing, New York, NY

New York Supporters of the NMTC Extension Act

New York Project Profiles

Crescent Commons

Crescent Commons
Project City:
Cortland,
Project State:
NY
Project Year:
(2020)
The Crescent Corset Company factory in Cortland, New York, was one of the leading employers for women in the region. This multi-phase project transformed the long vacant building into a …
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The Thin Man Brewery

The Thin Man Brewery
Project City:
Buffalo,
Project State:
NY
Project Year:
(2019)
The purchase of equipment and working capital related expenses related to the expansion of a woman-owned local brewery …
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LA Central

LA Central
Project City:
Bronx,
Project State:
NY
Project Year:
(2019)
The La Central development (“La Central”) was designed to serve as a catalyst for economic development and will supply 992 units of much needed affordable housing, community-serving retail space and …
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27 Chandler Street

27 Chandler Street
Project City:
Buffalo,
Project State:
NY
Project Year:
(2019)
The adaptive reuse of a former refrigeration warehouse into a community-based food incubator and the third project to use the NTCIC Irvin Henderson Main Street Revitalization Fund. Once complete, the …
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Make the Road New York

Make the Road New York
Project City:
Corona,
Project State:
NY
Project Year:
(2018)
Construction of a community center to provide supportive services to immigrants and low-income people of color. The services include a wide range of medical, legal, social, educational and training offerings …
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Harlem Gallery of Science

Harlem Gallery of Science
Project City:
Harlem,
Project State:
NY
Project Year:
(2018)
Science and Arts Engagement New York (SAENY) is a nonprofit organization committed to increasing the representation of young men and women of color age 15 to 25 in the science, …
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Rockaway Beach Medical Arts Campus

Rockaway Beach Medical Arts Campus
Project City:
Queens,
Project State:
NY
Project Year:
(2018)
A transformative, $25 million, 55,000-square-foot state-of-the-art medical arts complex providing high-quality health care services to an underserved low-income community in a Federal Medically Underserved Area in the Rockaways, Queens. The …
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Rego Park Aldi

Rego Park Aldi
Project City:
Rego Park,
Project State:
NY
Project Year:
(2018)
One of five small loans in the amount of $2 million or less to: (i) finance the construction and renovation of five ALDI food stores in various regions of New …
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Gates Aldi

Gates Aldi
Project City:
Gates,
Project State:
NY
Project Year:
(2018)
One of five small loans in the amount of $2 million or less to: (i) finance the construction and renovation of five ALDI food stores in various regions of New …
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Massena ALDI

Massena ALDI
Project City:
Massena,
Project State:
NY
Project Year:
(2018)
One of five small loans in the amount of $2 million or less to: (i) finance the construction and renovation of five ALDI food stores in various regions of New …
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SUNY Broome Culinary Arts Center

SUNY Broome Culinary Arts Center
Project City:
Binghamton,
Project State:
NY
Project Year:
(2018)
SUNY Broome converted the former Carnegie Library downtown into a brand-new Culinary Arts Center. The new center offers degrees in Restaurant, Events, Lodging and Casino Management. “I anticipate that we …
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Universal Stainless

Universal Stainless
Project City:
Dunkirk,
Project State:
NY
Project Year:
(2018)
In March 2018, the Company entered into a financing transaction with an outside bank and community development agency related to the new mid-size bar cell capital project at its Dunkirk, …
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The Joseph P. Addabbo Family Health Center, Inc.

The Joseph P. Addabbo Family Health Center, Inc.
Project City:
Arverne,
Project State:
NY
Project Year:
(2018)
Joseph P. Addabbo Family Health Center, Inc., a non-profit healthcare organization providing comprehensive health services to poor and medically underserved residents, plans to build a 21,865-square-foot expansion onto its existing …
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Interfaith Partnership for the Homeless – Community Connections and Wellness Center

Interfaith Partnership for the Homeless - Community Connections and Wellness Center
Project City:
Albany,
Project State:
NY
Project Year:
(2018)
The Project consists of the rehabilitation and conversion of the historic 16,200 SF St. Casimir’s School building into a Community Connections Center and five units of supportive housing, and the …
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The Adeline Wright-Graham Boys & Girls Club

The Adeline Wright-Graham Boys & Girls Club
Project City:
Schenectady,
Project State:
NY
Project Year:
(2018)
The Adeline Wright-Graham Boys & Girls Club (Boys and Girls Club of Schenectady NY): The new location is expected to serve many as 300 children daily from the Hamilton Hill …
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