New Markets Tax Credit Coalition

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Boom! Health

The acquisition and renovation of a 35,000 sq. ft. building in the South Bronx for Boom!Health's new Wellness Center.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,000,000

IMPACT

  • 187 FTE jobs
  • 70 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 35,000 sq. ft. of real estate

Investor

Project Description

The project involves the acquisition and renovation of a 35,000 sq. ft. building in the South Bronx for Boom!Health’s new Wellness Center, providing health and community services for LGBTQ youth in the Melrose section of the Bronx. The new project enables BOOM!Health to increase capacity for its existing programs such as care coordination, prevention, and behavioral health services and also provide additional services to a federally designated medically underserved area.

MAP

Address: 3144 Third Avenue, South Bronx, NY 10451

Census Tract: 36005007100

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