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  • Gates,
  • NY
  • (2018)

Gates Aldi

District: Joe Morelle (D-NY25)

Financing for the construction and renovation of five ALDI food stores in various regions of New York State; purchase equipment for a new stores; and pay related costs.

Investment

  • NMTC Amount: $1,300,000
  • Total Project Cost: $1,300,000

IMPACT

  • 4 FTE jobs

CDEs

Investor

Project Description

One of five small loans in the amount of $2 million or less to: (i) finance the construction and renovation of five ALDI food stores in various regions of New York State; (ii) purchase equipment for the new stores; and (iii) pay related costs. The five stores was located in Ilion, Massena, Gates, Harlem and Rego Park. This loan was used to renovate a store in Gates.

External Profile

MAP

Address: 8 Spencerport Rd, Gates, NY 14606

Census Tract: 36055014301

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