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

New Settlement Community Center

New York,
NY
(2013)

Behavioral Health, Community, Schools

CDE(s): Local Initiatives Support Corporation

Renovation of a former high school facility into a 24,000 sq. ft. state-of-the-art community center/K-12 school

Access Supports For Living

Newburgh,
NY
(2008)

Community, Healthcare

CDE(s): Key Bank

Financing for a medical office including a counseling center. Access Supports for Living supports individuals and families with very different needs, from those with significant medical or behavioral issues, to

Currier Plastics, Inc.

Auburn,
NY
(2020)

Business Development, Manufacturing, Warehouse and Wholesale

CDE(s): Empire State Development Corporation

A $16.4 million expansion increased manufacturing activity in Auburn, NY, creating 32 new jobs.

Urban Health Plan Plaza Del Sol & Logistics Center

Corona,
NY
(2023)

FQHCs

CDE(s): Capital Impact Partners, Chase

Capital Impact Partners and Chase provided NMTC financing to Urban Health Plan (UHP), via its support corporation, The Foundation for Urban Health and Well Being, Inc. to expand their existing