Food Bank of the Rockies – Green Valley Ranch in Aurora, CO

Investment

  • NMTC Amount: $55,500,000
  • Total Project Cost: $77,004,652

IMPACT

  • 179 FTE jobs
  • 128 construction jobs
  • 27 jobs created and 152 jobs retained. New refrigeration space will increase by 318% allowing for greater distribution of fresh produce, and increased support to growing number of partners. By 2028, the food bank anticipates an annual distribution of 96.1
  • 109,000 sq. ft. of real estate

Investor

Project Description

NMTCs helped finance the construction of a new facility in Aurora, CO. The new distribution center will increase capacity of food storage and production by 109,000 SF to better support program expansion to rural communities. Pantry sites will be established at 20 additional schools in underserved rural areas, with the potential to engage over 100+ new rural partners by 2028. NMTCs were a key funding source addressing critical needs of the region, particularly in light of rising inflation. Without NMTC financing, the expansion would be significantly delayed or scaled back limiting the ability to address food insecurity. In addition to creating jobs, the new facility will enable increased farmer sourcing and quadruple the capacity for volunteer operations pivotal to the Food Bank’s mission.

MAP

Address: 20600 East 38th Avenue, Aurora, Colorado 80011

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The final phase of a $70 million phased in project to redo the entire water and waste water system on the reservation.