Dream Charter School

Bronx,
NY
(2022)

Dream Charter School

Healthcare, Schools

Investment

NMTC Amount: $30,500,000
Total Project Cost: $105,692,761

IMPACT

123 FTE jobs
311 construction jobs

CDEs

NYCR-CDE, TruFund, USBCDE

Investor

US Bank

Project Description

This project will finance the redevelopment of the historic and iconic “History Channel Building,”previously vacant for more than 20 years, into a 188,181 sq. ft. educational facility in the Mott Haven community in the Bronx, NY. The building will be the new school and headquarters of DREAM Charter School (“DREAM”). DREAM will offer education to approximately 1,300 children from Pre-K to 12th grade through its Early Childhood Program (1st floor), Elementary School (2nd floor), Middle School (3rd floor) and High School (4th floor). The building will also include a full athletic center on the 5th floor and an open green roof and park on the 6th floor.

MAP

Address: 20 Bruckner Boulevard, Bronx, NY 10454

Census Tract: 36005001901

Other New York Projects

Bronx Early Learning Volunteers of America

Bronx,
NY
(2006)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Enterprise Community Partners

The Bathgate Early Learning Center involved the rehabilitation of a 30,000 sq. ft. office building at 1887-1895 Bathgate Avenue in the borough of The Bronx in New York City.

Fine Fare Supermarket Project

Bronx,
NY
(2010)

Community, Grocery and Fresh Food, Mixed-use, Retail

CDE(s): Carver National Bank

NMTC financing for the renovation of a vacant 19,000-sq. ft. building to house a brand new Fine Fare supermarket

National Urban League Empowerment Center in Harlem

Harlem,
NY
(2020)

Affordable Housing, Museums, Nonprofit Hub, Youth Program

CDE(s): GS New Markets Fund, NYCR-CDE

NMTC allocation to assist with the construction of the National Urban League Empowerment Center.

Signature Theatre Center

New York,
NY
(2011)

Theaters and Performing Arts Spaces

CDE(s): Mid-City Community CDE

On August 30, 2011, under the New Markets Tax Credit program, a federally funded program to encourage community development, the Signature Theater obtained funding to finance a portion of its