Forty Acres Fresh Market

Chicago,
IL
(2023)

Forty Acres Fresh Market

Grocery and Fresh Food

Investment

NMTC Amount: $9,000,000
Total Project Cost: $9,000,000

IMPACT

72 FTE jobs
86 construction jobs
jobs created and 72 jobs retained.
37,000 sq. ft. of real estate

CDEs

Chicago Development Fund

Investor

WinTrust

Project Description

The construction of the city’s first Black female-owned grocery store will address the neighborhood’s food disparities.

MAP

Address: 5713 W Chicago Ave, Chicago, IL 60651

Census Tract: 17031251400

Other Illinois Projects

Centers for New Horizons

Chicago,
IL
(2017)

Community, Daycare and Early Childhood, Youth and Families, Youth Program

CDE(s): IFF

NMTC financing from IFF helped the Centers for New Horizons rehabilitate their day care facility.

Esperanza – Brighton Park

Chicago,
IL
(2018)

Behavioral Health, Community, COVID-19, Disaster Recovery, FQHCs, Healthcare

CDE(s): Chicago Development Fund, PNC, Raza Development Fund

Trusted provider, Esperanza, provides health and hope to Chicago’s under-served communities

Siegel Steel

Chicago,
IL
(2022)

Manufacturing

CDE(s): Chicago Development Fund

NMTC financing supports upgrades to a steel slitting line and other production equipment, purchase of an edger, and investment in an inventory program.

Mercy Family Health Center

Chicago,
IL
(2012)

Affordable Housing, Community, FQHCs, Healthcare, Housing, Mixed-use

CDE(s): Chicago Development Fund

NMTC financing for the commercial portion of a vertically subdivided, mixed-use project located within a redevelopment area formerly consisting of Chicago Housing Authority public housing.