New Markets Tax Credit Coalition

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Food Bank of Western Massachusetts

Investment

  • NMTC Amount: $21,000,000
  • Total Project Cost: $22,515,036

IMPACT

  • 63 FTE jobs
  • 50 construction jobs
  • 62,791 sq. ft. of real estate

Investor

Project Description

The project consists of the acquisition of land and construction of a new 63,000 sq. ft. headquarters building with warehouse, office, training, and support spaces. The project design includes 33,000 sq. ft. of dry, 5,500 sq. ft. of frozen, and 5,500 sq. ft. of refrigerated warehouse space. Further, the project includes 19,000 sq. ft. of office, training, and support spaces.

MAP

Address: 25 Carew Street, Chicopee, MA 1020

Other Massachusetts Projects

The project will reconfigure and expand FHCW’s space by adding a new vision suite, expanding the pharmacy and dental suite, and reconfiguring administrative space.
Acquisition and renovation of a facility for a PACE (Program of All-Inclusive Care for the Elderly) center with capacity to serve 485 low-income elderly people, enabling these nursing care eligible
NMTC financing supported the construction of The Greater Boston Food Bank
Financing the light industrial and commercial component of a mixed-use project in Dorchester, one of Boston's lowest-income neighborhoods.