Birmingham YMCA

Birmingham,
AL
(2024)

Birmingham YMCA

Affordable Housing, Community, FQHCs, Habitat for Humanity, Healthcare, Housing, Recreation, YMCAs and YWCAs, Youth and Families, Youth Program

Birmingham YMCA used NMTC allocation to renovate their existing sq. ft. Northeast Youth Center

Investment

NMTC Amount: $11,500,000
Total Project Cost: $12,615,144

IMPACT

25 FTE jobs
95 construction jobs
5 jobs retained and 3 jobs created at the YMCA, 17 jobs created within tenant organizations

CDEs

Gulf Coast Housing Partnership, Pathway Lending, PNC

Investor

PNC

Project Description

In March of 2024, Pathway Lending, PNC, and Gulf Coast Housing Partnership closed on the Birmingham YMCA redevelopment project.

Birmingham YMCA used NMTC allocation to renovate their existing sq. ft. Northeast Youth Center into a full service YMCA; construct a 7,340 sq. ft. addition for Christ Health Center, a federally qualified health center; and construct roads and install utilities on a 5.6 acre plot of land allowing Habitat for Humanity of Greater Birmingham to construct 22 new single-family homes for low-income persons in Birmingham, AL.

MAP

Address: 628 Red Lane Rd, Birmingham, AL 35215

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Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): AMCREF, Chase, MuniStrategies, Rural Development Partners

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.