New Markets Tax Credit Coalition

Center for Urban Community Services

The acquisition and renovation of a six-story commercial loft building for the Center for Urban Community Services to substantially expand its Career Network and Housing Resource Center.

Investment

  • NMTC Amount: $12,100,000
  • Total Project Cost: $12,100,000

IMPACT

  • 14 FTE jobs
  • 106 construction jobs
  • The expansion has allowed CUCS to offer it services to 25,407 individuals each year
  • 25,200 sq. ft. of real estate

Investor

Project Description

The project called for the acquisition and renovation of a six-story commercial loft building in the East Harlem neighborhood of New York City to create a total 25,200 sq. ft. of space. The project has allowed the Center for Urban Community Services (CUCS) to substantially expand its Career Network, as well as expand and relocate its Housing Resource Center. Expansion of the Career Network not only has increased capacity, but has also made available a more robust range of mental health rehabilitation services than what the program previously offered. Additionally, the site serves as the administrative headquarters for CUCS’ executive, administrative, and fiscal staff. The expansion has allowed CUCS to offer it services to 25,407 individuals each year.

MAP

Address: 198 E 121st St, New York, NY 19140

Census Tract: 42101019502

PDF Profile

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