The CARITAS Center

New Markets Tax Credit Coalition

Richmond,
VA
(2019)

The CARITAS Center

Addiction Treatment, Adult Education, Affordable Housing, Behavioral Health, College or Vocational Training, Community, Healthcare, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food

The rehabilitation of the vacant Philip Morris Blended Leaf Complex in downtown Richmond, Virginia into a new headquarters for Congregations Around Richmond To Assure Shelter (CARITAS).

Investment

NMTC Amount: $16,000,000
Total Project Cost: $27,001,047

IMPACT

57 FTE jobs
76 construction jobs
850 patients served
850 healthcare patients served and 150 workforce training participants

CDEs

National Trust Community Investment Corporation, Truist

Investor

Truist

Voices from the Community

It’s almost like it was waiting for us. It was meant for us. We will have the leadership team under one roof for the first time ever, which will be amazing.

-Karen Stanley, CEO, CARITAS, Virginia

Project Description

Rehabilitation of a vacant Philip Morris Blended Leaf Complex in downtown Richmond, Virginia into a new headquarters for Congregations Around Richmond To Assure Shelter (CARITAS). The former tobacco processing warehouse is now a center of support and recovery for those experiencing homelessness and battling addiction or substance use disorders.

MAP

Address: 2301 Everett Street, Richmond, VA 23224

Census Tract: 51760060400

PDF Profile

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