New Markets Tax Credit Coalition

  • Cortland,
  • NY
  • (2019)

Crescent Commons

District: John Mannion (D-NY22)

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

Investor

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.

External Profile

MAP

Address: 165 S Main St, Cortland, NY 13045

Census Tract: 36023970900

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