New Markets Tax Credit Coalition

College Town Rochester

College Town is an exciting mixed-use, close-knit district providing the Rochester, New York community, University of Rochester and University of Rochester Medical Center students, faculty and staff a one-of-a-kind, vibrant place to live, learn, dine, shop, work and play.

Investment

  • NMTC Amount: $18,750,000
  • Total Project Cost: $72,617,854

IMPACT

  • 320 FTE jobs
  • 900 construction jobs

Investor

Project Description

College Town is an exciting mixed-use, close-knit district providing the Rochester, New York community, University of Rochester and University of Rochester Medical Center students, faculty and staff a one-of-a-kind, vibrant place to live, learn, dine, shop, work and play.

MAP

Address: 1305-1355 Mt. Hope Avenue, Rochester, NY 14620

Census Tract: 36055003805

Other New York Projects

A printing company in Hempstead received financing for working capital and equipment.
A $51.5 million one-of-a-kind community facility is now home to early childhood education programs, youth development and education programs, mental health counseling, art education programs for young artists and seniors,
Financing for the construction and renovation of five ALDI food stores in various regions of New York State; purchase equipment for a new stores; and pay related costs.

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community