Astoria Co-Op

Provided $3,000,000 construction loan to build shell for a co-op grocery store in Astoria, Oregon.

Investment

  • NMTC Amount: $3,000,000
  • Total Project Cost: $4,670,000

IMPACT

  • 33 FTE jobs
  • 17 construction jobs

Investor

Project Description

Provided $3,000,000 construction loan to build shell for a co-op grocery store in Astoria, Oregon.

MAP

Address: 2350 Marine Drive, Astoria, OR 97103

Census Tract: 41007950300

Other Oregon Projects

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A Head Start program serving over 1,000 children receives NMTC financing to improve their overall financial sustainability including working capital.

NMTC financing supported integrated a organization that provides health and service programs. Asian Health and Service Center offers health foods, healthcare and mental health offerings that are culturally appropriate.

A school for children impacted by homelessness relocates into a new and permanent facility.