YMCAs and YWCAs | New Markets Tax Credit Coalition

Coal Street Community Facility

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 Tom Leighton stated that “the renovation…is a great example of how municipalities like WilkesBarre, working in cooperation with county, state, and federal levels of government and the private sector can provide outstanding offerings for their residents.”

YWCA Dayton

Major update of YWCA Dayton centers on trauma-informed care. A gut rehab of the seven-story, 118,000-square-foot building began this year with blended funding from historic tax credits, New Markets Tax Credits, supportive housing vouchers, and a capital campaign. As part of IFF’s special lending partnership with Cincinnati Development Fund (CDF), IFF approved a $1.6 million loan to bridge committed capital campaign funds and allow construction to begin. Because some capital campaign dollars were received sooner than anticipated, YWCA Dayton ended up borrowing only $500,000 from IFF/CDF.

YMCA Fort Worth

NMTC financed development of a 35,000 sf community space for the McDonald Southeast YMCA. Included new construction of a full-service fitness center and early learning education center.

Hornell YMCA

The new YMCA replaces the facilities of the 100-year-old Hornell Family YMCA, which plays a central role in the life of this city. The project nearly doubles the Y’s current square footage to 31,628 sq. ft. allowing them to serve more local residents through the expansion of their programs, including in the areas of art and music.

The Gateway Family YMCA – Elizabeth Branch

The Elizabeth Branch impacts the community it serves by nurturing the potential of every child, teaching the importance of spirit, mind, and body to achieve a healthier lifestyle and supporting its neighbors to learn life skills that will help them grow and thrive. The Elizabeth Branch serves Elizabeth and the surrounding communities, and provides The Dudley House Veterans Transitional Housing Program in Plainfield, NJ.

YMCA Teen Center, Berkeley

With a focus on academic achievement, career preparation, service learning and leadership development, the YMCA Teen Center aims to empower high school age youth to develop the life skills and competencies necessary to becoming responsible community members. The Teen Center advances education achievement for youth. NMTC financing supported the development of the YMCA of the Central Bay Area’s new YMCA Teen Center in downtown Berkeley. Project funding occurred in December 2009 and construction was completed in November 2010,

Anderson Munger YMCA

This project entailed the new construction of a YMCA health and fitness center (approximately 29,000 square feet) in the Koreatown neighborhood of the Wilshire Center District, a low-income community within the City of Los Angeles characterized by 42% obesity rate among youth. The project will promote healthy lifestyles to low-income residents by providing low-cost youth and family recreational programs, as well as affordable after-school and summer camp programs for children. The facility will employ a total of 100 permanent jobs. Construction of the facility generated 175 jobs.

Copley-Price Family YMCA

Copley-Price Family YMCA opened its doors to the public in 2014 and proudly serves one of the most diverse communities in San Diego, offering a supportive environment for people in the El Cajon, Kensington, Hillcrest, and North and South Park areas. Civic San Diego provided NMTC financing and also provided 1,508 subsidized memberships for low-income persons, subsidized childcare to 1,523 children of low-income families, and $60,000 for camp scholarships.

Jackie Robinson Family YMCA

The Civic San Diego Economic Growth and Neighborhood Investment Fund provided a $23 million NMTC investment to help bridge a funding gap for the construction of the new approximately 44,000-square-foot, two-story ADA-compliant expanded Jackie Robinson Family YMCA. The new facility opened in October 2017. It includes a gymnasium, wellness center; community multipurpose room, teen center; childcare center and playground, three group exercise and mind and body studios, and other amenities.

Bear Levin Studer Family YMCA

The NMTC financed the construction of a brand new YMCA. From the building’s facade to the inside view after stepping into the lobby, it is immediately clear that the new location offers an impressive package of amenities, equipment and space, superior to the branch’s previous location. The new YMCA at 165 E. Intendencia St. encompasses about 52,000 square feet across two levels. It replaces the 65-year-old building at 410 N. Palafox St., which occupies 33,000 square feet.