East Side Food Co-Op

The NMTC helped a food co-op expand and provide greater access to healthy food in a USDA food desert.

Investment

  • NMTC Amount: $4,600,000
  • Total Project Cost: $6,861,889

IMPACT

  • 25 FTE jobs
  • 46 construction jobs

CDEs

Investor

Project Description

In 2015, Self-Help provided $4.6 million in NMTC financing to the Eastside Food Co-Op in Minneapolis, MN. The loan was part of the Eastside Food Co-Op’s $6.7 million expansion, which generated 25 jobs and allowed greater access to healthy food in an economically distressed area.

MAP

Address: 2551 Central Avenue, Minneapolis, MN 55418

Census Tract: 27053001100

Other Minnesota Projects

First charter school in a new facility on indigenous land expands educational opportunities for K-8 students
Financing for a nonprofit that offers care and support to children and young adults with a shortened life-expectancy, and to their families who love them
The NMTC financing for construction and other project costs associated with a 23,040 SF manufacturing facility, 7,800 SF warehouse and improvements/upgrades to an existing 4,000 SF building located in Pine
The Blaisdell YMCA in South Minneapolis, MN offers personal training, group exercise classes, swim lessons, child care and other great fitness and community building programs.