Crescent Commons

New Markets Tax Credit Coalition

Cortland,
NY
(2019)

Crescent Commons

Behavioral Health, Community, Healthcare, Historic Rehabilitation, Mixed-use, Nonprofit Hub, Rural, Targeted Populations

This multi-phase project transformed the long vacant building into a new headquarters for a nonprofit mental health counseling organization specializing in mental health support and drug dependency counseling, as well as the city's LGBTQ+ community center.

Investment

NMTC Amount: $2,000,000
Total Project Cost: $8,603,784

IMPACT

138 FTE jobs
6 construction jobs
Family Counseling Services serves over 5,000 individuals annually (85% low-income)

CDEs

National Trust Community Investment Corporation

Investor

Unknown

Project Description

The Crescent Corset Company factory in Cortland, New York, was one of the leading employers for women in the region. This multi-phase project transformed the long vacant building into a new headquarters for a nonprofit mental health counseling organization specializing in mental health support and drug dependency counseling.

MAP

Address: 165 S Main St, Cortland, NY 13045

Census Tract: 36023970900

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