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 […]
Montana Community Development Corporation (Montana CDC) completed its first New Markets Tax Credit (NMTC) transaction in Indian Country to finance a new government administration building on the Fort Peck Reservation. The new facility will consolidate the Fort Peck Tribal Government’s offices in Poplar, making it easier for tribal members to access new and enhanced service […]
FareStart is a social enterprise in Seattle dedicated to transforming the lives of homeless men and women through job training and placement in the food service industry. Students receive job training in the food service area that generates revenue through the daily preparation and distribution of over 2,000 meals. By 2004, FareStart had outgrown the […]
The Nonprofit Finance Fund used the NMTC to finance a new food bank and distribution center in Salt Lake City, UT.
The San Antonio Food Bank (SAFB), the 14th largest food bank in the country, serves 16 counties in Southwest Texas. The mission of SAFB is to fight hunger through food distribution, service programs, education, and advocacy. SAFB partners with more than 530 agencies to deliver food (45 million pounds in 2011) and services to 58,000 […]
Food Distribution Center for a nonprofit hunger relief organization
The expansion of the facility allowed the food bank to distribute an additional 36 million pounds of food, which is the equivalent of an additional 30 million meals for hungry central Texans. Overall, the project resulted in 150,000 additional people being served to fulfill their hunger needs and has the capacity to produce 60 million […]
Lack of access to healthy food is a critical issue in Chester, Pennsylvania, where more than 15,000 residents do not have adequate access to a full-service supermarket. Philabundance, the Delaware Valley’s largest nonprofit hunger-relief organization, sought to help residents of Chester combat this critical situation, by creating the country’s only not-for-profit grocery store called Fare […]
National Community Fund I, LLC’s NMTC financing supports the construction of a new food processing and packaging facility, bringing 300 new quality jobs to Clayton County, Georgia.
Construction of a new 345,000 SF warehouse and distribution facility in East Point, GA. The expansion is projected to increase their distribution of food to low income communities by 100%. + Construction and equipping of food bank headquarters and distribution facility serving the metro Atlanta and North Georgia region. The new facility will nearly double […]