Following Hurricane Katrina, AMCREF Community Capital, a Community Development Entity based in New Orleans, provided nearly $13 million of New Markets Tax Credit financing to create 150 affordable homes that

Director Gambrell Tours Community Development Progress in New Orleans

Disaster Recovery, Katrina

Meets with local CDFIs, CDEs, small businesses, non-profits, entrepreneurs, and affordable housing developers supporting the recovery efforts.

Tax Credit Programs Show Value during Natural Disaster Recovery

Disaster Recovery, Irma, Katrina, Maria

Biomass Green Fuels

Fajardo,
PR
(2020)

Disaster Recovery, Energy, Irma, Maria

CDE(s): Popular Community Capital

Construction of a landfill recycled and renewable natural gas and carbon dioxide facility.

Houston Habitat for Humanity

Houston,
TX
(2021)

Affordable Housing, Community, Disaster Recovery, Habitat for Humanity, Harvey, Housing, Retail

CDE(s): Habitat for Humanity

Houston Habitat used NMTC financing for the site development and construction of 39 of the 84 affordable single-family homes planned in Phase 1 of their Robins Landing project.

How New Markets Tax Credit Can Help Pandemic Recovery

Disaster Recovery, Floods

How New Markets Tax Credit Can Help Pandemic Recovery

A model for neighborhood renewal

Affordable Housing, Community, Disaster Recovery, Habitat for Humanity, Housing

CDE(s): Habitat for Humanity

Two lawyers have helped build thousands of affordable houses in 30 cities using an obscure federal tax incentive

Christian Brothers School

New Orleans,
LA
(2009)

Community, Disaster Recovery, Katrina, Schools, Youth and Families

CDE(s): Advantage Capital

The Christian Brothers School new multi-purpose facility constitutes the first new building constructed in the New Orleans institution’s fifty-year history.

Esperanza Community Wellness Center

Philadelphia,
PA
(2021)

Addiction Treatment, Behavioral Health, Brownfield Remediation, Community, FQHCs, Healthcare

CDE(s): Nonprofit Finance Fund, PNC

The project developed a vacant brownfield lot into a 21,000 sq. ft. wellness cente providing services to 14,500 patients.

Freshwater Plaza

Milwaukee,
WI
(2015)

Affordable Housing, Brownfield Remediation, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial

CDE(s): First-Ring Industrial Redevelopment Enterprise, WHEDA

The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greenfield Avenue and S. 1st Street in Milwaukee, WI.

Cermak Grocery Store

Milwaukee,
WI
(2015)

Affordable Housing, Brownfield Remediation, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial

CDE(s): First-Ring Industrial Redevelopment Enterprise, WHEDA

The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greeneld Avenue and S. 1st Street in Milwaukee, WI.

Atlanta Youth Academy

Atlanta,
GA
(2019)

Brownfield Remediation, Community, Daycare and Early Childhood, Library, Makerspace, Schools, Youth and Families, Youth Program

CDE(s): Atlanta Emerging Markets, Truist

Atlanta Youth Academy is a Pre-K-to-8 independent school that provides robust education opportunities to low-income students, predominantly from single-parent households with median annual incomes of under $24,000.

West Virginia Great Barrel Company Project 2

Caldwell,
WV
(2020)

Business Development, Floods, Manufacturing, Rural

CDE(s): Community Ventures

NMTC financing supported the West Virginia Great Barrel Company Project.

Publix Super Markets

Miami,
FL
(2019)

Brownfield Remediation, Grocery and Fresh Food, Mixed-use, Retail, Retail and Commercial

CDE(s): BBIF, Urban Action Community Development

Leasehold improvements and equipping two grocery stores operated under the Publix Supermarkets brand.

Bailey Power Plant

Winston-Salem,
NC
(2016)

Affordable Housing, Brownfield Remediation, Community, Housing, Mixed-use, Retail

CDE(s): National Trust Community Investment Corporation, Urban Action Community Development, Urban Research Park CDE

The adaptive re-use of a former RJ Reynolds tobacco facility that is being redeveloped by Wexford Science and Technology, LLC into an 110,815 sq ft mixed-use, LEED Silver certified historic

Yellow Freight

West Allis,
WI
(2016)

Brownfield Remediation, Business Development, Manufacturing

CDE(s): First-Ring Industrial Redevelopment Enterprise

Acquisition, construction, and leasing of two industrial buildings encompassing a site of approximately 170,000 square feet on Rogers Street in a highly distressed area of West Allis, WI.

Whitnall Summit Place

West Allis,
WI
(2004)

Brownfield Remediation, Business Development, Historic Rehabilitation, Manufacturing

CDE(s): Impact Seven, Local Initiatives Support Corporation, WHEDA

The adaptive reuse of century-old buildings near Milwaukee in which the Allis Chalmers Manufacturing Company originally built tractors.

Steel Warehouse of OH – Warren

Warren,
OH
(2019)

Brownfield Remediation, Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Capital One, Development Fund of the Western Reserve, Finance Fund

Investment in steel fabricator positions small rural community as a leader in the heavy equipment supply-chain.

Lighthouse Point

Staten Island,
NY
(2016)

Community, Disaster Recovery, Grocery and Fresh Food, Healthcare, Incubator, Mixed-use, Retail, Retail and Commercial, Sandy, Transit Oriented Development

CDE(s): CCG Community Partners, GS New Markets Fund, United Fund Advisors

Mixed-use development brought fresh food, accessible healthcare and job opportunities to a highly distressed community in the South Bronx.

Rumrill Sports Park

San Pablo,
CA
(2015)

Brownfield Remediation, Community, Daycare and Early Childhood, Parks and Forests, Recreation, Youth and Families

CDE(s): Community Vision

The City of San Pablo, one of the poorest communities in Contra Costa County, experiences high levels of youth obesity and violence.

River City Business Park

Saint Louis,
MO
(2017)

Brownfield Remediation, Business Development, Manufacturing

CDE(s): Central Bank of Kansas City

The River City Business Park project involved $70M redevelopment of a long-abandoned brownfield site into a 54 acre LEED-certified business park in a highly distressed community.

Rockaway Beach Medical Arts Campus

Queens,
NY
(2018)

Community, Healthcare, Sandy

CDE(s): Chase, NYC Neighborhood Capital Corporation

A transformative, $25 million, 55,000-sq. ft. state-of-the-art medical arts complex providing high-quality health care services to an underserved low-income community in a Federal Medically Underserved Area in the Rockaways, Queens.

Louisiana Forestlands

Port Barre,
LA
(2008)

Katrina, Manufacturing, Rural, Timber and Agriculture

CDE(s): Rural Development Partners

The Forestland Group utilized NMTCs to complete the purchase of 82,000 acres of hardwood forests in Louisiana, in addition to a hardwood sawmill and processing plant near LeMoyen, LA; 200

East Liberty Portal

Pittsburgh,
PA
(2014)

Brownfield Remediation, Infrastructure, Retail, Transit Oriented Development, Transportation and Ports

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

The revitalization of a major gateway into the East Liberty neighborhood, which has been undergoing a major transformation after years of blight.

Paseo Verde

Philadelphia,
PA
(2012)

Adult Education, Affordable Housing, Brownfield Remediation, College or Vocational Training, Community, FQHCs, Healthcare, Housing, Mixed-use, Office, Retail, Retail and Commercial, Transit Oriented Development, Workforce Housing

CDE(s): Building America CDE, Corporation for Supportive Housing, Local Initiatives Support Corporation, WNC National Community Development Advisors

A $48.2M mixed-use, transit-oriented, green development in Philadelphia's Ludlow community - a low-income, distressed neighborhood currently undergoing a revitalization drive fueled by strong public and private collaboration.

Mar-Jac Poultry AL

Phil Campbell,
AL
(2016)

Business Development, Food Manufacturing, Manufacturing, Rural, Tornadoes

CDE(s): MuniStrategies

Mar-Jac is a fully integrated poultry production company operating in GA, AL, and MS.

975 High Street

Perth Amboy,
NJ
(2015)

Business Development, Disaster Recovery, Manufacturing, Sandy, Warehouse and Wholesale

CDE(s): CCG Community Partners

Adler Development, LLC renovated a 109,720 sqft warehouse that was severely damaged by Hurricane Sandy on October 29, 2012.

Saints Medical Plaza

Oklahoma City,
OK
(2006)

Community, Dental Services, Disaster Recovery, Healthcare, Katrina

CDE(s): New Markets Redevelopment (Wiggin)

A new, four-story healthcare facility that included physician office space, an imaging center, conference rooms, and educational facilities.