Gates Aldi

New Markets Tax Credit Coalition

Gates,
NY
(2018)

Gates Aldi

Grocery and Fresh Food, Retail, Retail and Commercial

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

Empire State Development Corporation

Investor

Unknown

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.

MAP

Address: 8 Spencerport Rd, Gates, NY 14606

Census Tract: 36055014301

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