This project involved the historic renovation of a 3-story, square foot commercial office building. In February 2017, U3 Ventures acquired the dilapidated yet historically significant office building at 40th and Ludlow Streets in West Philadelphia, originally designed by Frank Furness. In 1876,the building was originally named “The West Philadelphia Institute,” because its purpose was to […]
The project is a $16.1MM, 56,925 square foot educational facility designed to provide in-demand automotive, mechanic, and other technical training in Indianapolis, Indiana. Central Indiana lacks an adequate pipeline of qualified and experienced automotive, diesel, and motorsports industry workers. The project addresses this need, providing a pathway out of poverty for Ivy Tech Automotive Program […]
Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi. Tenants include BaseCamp Coding Academy (BCCA), a satellite campus for Northwest Mississippi Community College and a Business Integration/Incubation space for Business sponsors of BCCA.
RedBird’s mission is to repurpose the historic Red Bird Mall in southern Dallas while focusing on community impact driven tenants. Phase one of the rebuild included a Starbucks Community Store, which has committed to training 100 local youth each year in hospitality; a Foot Locker Power store with a green space (the “Lawn”) that will […]
Community First! Village: 312 housing units, support services, and facilities for individuals coming out of chronic homelessness. Phase 2 includes 103 park model homes and 207 micro homes, seven of which are 3D printed. An 8,400 square foot community building includes common areas, computers, counseling space, addiction recovery meetings, therapeutic activities, music workshops, meal space, […]
The proceeds were used to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities. There will be 7 tenants ranging from providing health services, wellness programs, food/coffee/restaurants, retail, and support/employment training.
The Wheeler Mission Center for Women and Children, located at 3208 East Michigan Street, was chosen for investment through the City of Indianapolis’ New Markets Tax Credit award. Wheeler Mission, founded in 1893, is a non-denominational Christian organization that provides vital goods and services to the homeless population of Indiana. With nine locations in Indianapolis […]
Remediation and rehabilitation of a 23,000+ SF warehouse building for equipment related to traffic control. Project will also include the construction of a new Corporate Headquarters which will include a 50-person training facility that is large enough to accommodate trucks for hands-on learning opportunities.
Multi-Assistance Center at Morgan’s Wonderland (“MAC”) is the new construction of a 165,000 SF one-stop service center providing an innovative approach to address the fragmented and uncoordinated health and social service care offered to low-income special needs individuals and their families. MAC will be located in San Antonio, Texas and will have 109,000 SF of […]
This innovative project will redevelop a vacant 9-acre brownfield site into a sustainability campus which includes a biodigester, greenhouse space, community garden with a fresh produce stand and a visitor’s center with classrooms for STEM programs and community activities. The project involves biotechnology and green energy, urban agriculture, quality employment opportunities for low-income people, fresh […]
New construction of a 24,600 sq. ft. homeless shelter serving men, women, and children. The facility will include 50 beds and will provide case management and substance abuse recovery services as well as life skills training, meal ministry, chapel ministry, housing referrals and street outreach. Light of Life Rescue Mission has provided food, shelter, and […]
NMTC financed the construction of a 34,000-square-foot facility that will house a 12,000-square-foot Center for Workforce Innovation (career center) and 22,000-square-foot retail store. The Center will provide job training and career support to 8,300 people facing barriers to employment (annually), will provide graduates with the necessary certifications to attain entry-level jobs, and services like free […]
New construction of a 28,200 SF community center where low-income individuals and families will have access to workforce development, early childhood, GED and associate degree programs as well as a pedicatric healthcare clinic. This is a collaborative project designed to bring key partners together to reduce poverty by utilizing an evidence-based, two generation poverty reduction […]
Hmong American Partnership, a nonprofit organization located in Saint Paul, MN has requested $5M of NMTC allocation from MMCDC to assist with a portion of the $9.93M total project costs. Hmong American Partnership dba HAP Transportation entered into a lease with a third-party landlord in 2019 for use of a 5.35 acre premises, featuring three […]
A new 5-story 29,284 SF expansion to an existing building in the Little Havana neighborhood of Miami, FL. The Project is the final pillar to the existing 144,000 SF campus focused on empowering low-income visually impaired individuals.
Atlanta Mission is the oldest and largest provider of support services for metro Atlanta’s homeless population. NMTC financed the construction of Restoration House, a 45,330 SF low-barrier shelter for homeless women and children. Restoration House will be Atlanta’s first low-barrier shelter, meaning it accepts all clients as long as they are not a risk to […]
Acquisition and adaptation of a former nursing home for use as a multi-purpose social service agency and transitional/treatment housing. Bridgeport Rescue Mission was founded in 1993 by a couple distributing meals from the back of their station wagon, and soon expanded into an old recreational vehicle with a mobile kitchen. The organization has since grown […]
Provident Public Health Center is the renovation of the historically significant Provident Mutual Life Insurance Building which has been vacant for over 20 years, into a medical campus in a medically underserved area. Children’s Hospital of Philadelphia and Public Health Management Corporation will serve as the anchor tenants and provide essential medical care to the […]
Finance rehabilitation, renovation, construction, and other project costs related to the expansion of an existing 3,200 SF building to be transformed into the “Center for Opportunity”, consisting of a homeless shelter, job training center, social services, and United Way administrative offices facility in Bismarck, ND
The University of California, San Diego (UCSD) has extended its reach into downtown San Diego’s East Village neighborhood. As part of the University’s Extension School, UCSD used a new, strategically-located 66,000 sq. ft. facility to create a Workforce Development Accelerator and Community Arts & Innovation Center at a site that is accessible to low-income community […]