SunTrust Community Capital (STCC) and Harbor Bankshares Corp. provided a total of $19.8 million in financing for Village Center at Stadium Place in Baltimore. STCC provided $4.8 million of equity and $4 million in its New Markets Tax Credit (NMTC) allocation. Harbor Bankshares contributed $11 million of its NMTC allocation. Govans Ecumenical Development Corp. (GEDCO) […]
The Muskingum Recreation Center (MRC) generated 100 construction jobs, retained 40 current employees and employs 35 additional full-time staff. It’s a joint effort with Genesis HealthCare System, the largest health care provider in its six-county region of southeastern Ohio. Other partners include Ohio UniversityZanesville (OUZ), the Muskingum Family Y and the Muskingum County Community Foundation. […]
The Americana YMCA project was the construction of a 26,000 square foot community facility, with expansion capability of another 18,000 square feet, by the YMCA in Zachary, Louisiana. As a targeted population transaction, the project has created jobs, with at least 40% filled by residents of low-income households. The facility includes fitness space, a nursery, […]
The Youngstown YMCA renovated nearly 20,000 square feet of its 100 year old downtown Central YMCA creating modified spaces for continuing its transformational work in providing healthy living, youth development, and strengthening families in its downtown community.
Yakima YMCA Association is constructing a new $20 million, 72,000 square foot YMCA facility in Yakima, Washington. The project creates living wage jobs and provide high quality programming to the city’s at-risk population. Yakima YMCA offers no-cost programs year-round for early childhood education and for drop-in youth that provide a safe, adult supervised space for […]
New construction of a recreation, education, activity, community and health facility operated by the YMCA of Greater Dayton. The new Xenia YMCA facility is officially open to the public at 336 Progress Dr. The new state-of-the-art facility includes two swimming pools, two gymnasiums, a suspended walking track, a group exercise studio, a functional fitness studio […]
This project ensures the YW’s ability to continue its broad range of vital and high quality services and programs to low-income families in Worcester in the decades to come.
NMTC financing supported a new 90,000 sq. ft. facility located in a severely distressed, non-metro, low income community. This project transformed a functionally obsolete and mostly vacant downtown mall and adjacent parcels into a vibrant, accessible facility convenient to several nearby low income communities. The new center: Teaches positive character values to youth and teens. […]
The River Valley Regional YMCA sponsored the construction of a 62,000 sq. ft. community center to replace their former, obsolete, and inefficient Williamsport YMCA facility housed in eight interconnected buildings in downtown Williamsport, Pennsylvania. The YMCA currently serves 2,360 members, which are anticipated to more than double by the end of December 2015. The new […]
The Coal Street project transformed a dilapidated 30-acre park into a regional sports and medical complex. Coal Street Park, located in WilkesBarre, Pennsylvania, was extensively rehabilitated, injecting new life into one of the city’s most highly trafficked roadways, while creating an attractive entrance to the downtown district and providing excellent public recreation offerings. Wilkes-Barre Mayor […]