Forty Acres Fresh Market

New Markets Tax Credit Coalition

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

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