CASA Multicultural Center

CASA de Maryland, Inc. (CASA), Maryland’s largest advocacy group for Latinos and immigrants, redeveloped the historic McCormick-Goodhart Mansion in Langley Park, Md., into the CASA Multicultural Center. The new center will allows CASA to double the number of beneficiaries the organization can serves each year from 3,000 to 6,000 and consolidated most of its staff into one location. CASA will also subleted 400 square feet of the new space to four of its non-profit nonprofit partner organizations.

Pullman Community Center

The center will provide sports and recreational opportunities to low income residents on Chicago’s south side. Individuals, housing authority residents and local teams will be able to utilize the facility at reduced rates.

Altgeld Resource Center

The new construction of the Altgeld Family Resource Center will provide an early childhood learning center, a Chicago Public Library, and a community center to the Altgeld/Murray neighborhood on the far south side of Chicago. This community was originally designed to house military personnel upon returning home from World War II. Today it is currently undergoing substantial rehabilitation to improve the quality of life for all of its residents. Building America CDE Inc. is aiding the Chicago Housing Authority (CHA) to enhance the current community facilities in place by providing New Markets Tax Credits for the construction of a 40,000-square-foot combined community space. This project is the final phase of the Chicago Housing Authority’s community master planning effort for the Altgeld/Murray community.

San Francisco LGBT Center

Renovation of an existing LGBT community center to reconfigure the inefficient floor plan and allow for more meeting spaces, better use of the space, and to attract additional tenants into center that serves many diverse and vulnerable populations.

Way Finders

Way Finders is building a new 32,780 SF state-of-the-art integrated housing center in Springfield, MA. Way Finders is a nonprofit organization with a 40-year history in facilitating access to housing and homeownership in Western Massachusetts and provides a wide range of services to tenants, homebuyers, homeowners and rental property owners. Once open in early 2020, the housing center will allow Way Finders (formerly HAP Housing) to provide housing assistance, financial literacy education, job search help, vocational education and first-time home buyer programs to more people. It expects to boost the number of families through its doors from about 20,000 a year now to 30,000 a year or more.

Karuk Services Expansion

The Karuk Tribe constructed a 4,800 sq ft family services center in Happy Camp, California. The center houses many tribal programs including cash aid, behavioral and substance abuse counseling, job training and employment assistance, and Indian Child Welfare and social services. Additionally, the tribe constructed an 11,400 sq ft resident services center, also in Happy Camp, that houses a full-service gymnasium/community center with separate exercise and locker rooms. Finally, the Karuk Tribe used the financing to rehabilitate a medical and dental clinic in Yreka, CA improving traffic flow and parking as well as repairing the leaking roof and updating the HVAC system.

Quimby Plaza

Quimby Plaza is a new mixed-use building at the southeastern boundary of the Legends Park HOPE VI Revitalization Plan area in Memphis, TN. Located on Poplar Avenue just east of the Memphis Medical District, the 45,000 square foot building includes a 5,500 square foot community center and management space for Legends Park, 24 units of market-rate and affordable rental housing, and 9,000 square feet of medical space to serve the Legends Park residents and the surrounding community. Through a partnership with Methodist Healthcare, the main tenant of this space is the Le Bonheur Pediatric Outpatient Rehabilitation Clinic. MBS Urban Initiative’s $8.35 million New Markets Tax Credit investment enabled to owner to give Methodist Healthcare, a non-profit organization, a lease that included one year rent-free and up to nine years of rents which are below market value for new construction. These terms ensured that Methodist Healthcare established the Outpatient Clinic within this low-income community and, thus, erased an historic boundary between the medical district and the neighborhood.

Banyan Building

Located in one of the most economically challenged neighborhoods in Minneapolis, Banyan Community works to transform lives by developing youth, strengthening families, and creating community in an area struggling with drugs, gangs and grinding poverty. Banyan reaches more than 1,275 people a year through a combination of neighborhood block clubs and youth/ family programming. Of the more than 1,600 families in the neighborhood, 82% are people of color and 83% of Banyan youth are African American or Latino. Forty-six percent of all children live in poverty in the portion of the Minneapolis’ Phillips Neighborhood that Banyan serves. Since founder Joani Essenberg launched Banyan in her house in 1990, it has grown to be a national model for building a community from the inside out. In 2000, Banyan began leasing a 9,000 square foot community center, where it thrived for the next 15 years. A short-term lease, combined with a need to expand services and eliminate a waiting list of 100 youth, led to a desire to find a place of their own to serve as a community anchor for future generations of families. While they were able to raise $4.7 million to build a new facility, they still faced of $2.3 million gap to be able to complete the $7 million project. Due to the short-term nature of their existing lease, a delay for an indefinite period of time because an inability to access capital could have meant a disruption to the programs that were vital to the community. Banyan Center identified the NMTC as a way to fill the gap in financing. CRF was able to provide $6.7 million in NMTC financing, with Chase Community, LLC as the investor (a subsidiary of Chase Bank). Without the NMTC, the project could not have moved forward. With NMTC financing, Banyan Center was able to build a 31,000 square foot facility that includes: study rooms for high schoolers, elementary and middle school space, laundry facilities for busy families, community classrooms, a gymnasium, computer lab, shared dinning space, commercial kitchen and space to add a pre-school. A new building doubled Banyan’s capacity to serve young people and eliminated the 100 person the waiting list. The new facility will bring increased stability to families and youth who connect with Banyan, along with Banyan’s staff, all 13 of which reside in the neighborhood and have deep roots in the community. Banyan expects to add more than 15 new permanent full-time positions, all providing living wages, and the project also generated 75 temporary construction jobs. Thanks to the new center, Banyan can now serve 250 students with its after school programs, 94% of which are eligible for free and reduced lunch.

Riveira Beach Redevelopment

A projec to transform the Riviera Beach waterfront into a vibrant and authentic destination spot for residents and visitors alike, spurring a revitalization out to Broadway and beyond.
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