Greater Galilee

New Markets Tax Credit Coalition

Milwaukee,
WI
(2017)

Greater Galilee

Adult Daycare, Community, Daycare and Early Childhood, Healthcare, Mixed-use, Nonprofit Hub, Nursing Homes and Hospice, Shelters and Community Food, Youth and Families

Construction of community center: The new 20,000-sq. ft. facility houses wellness and health programs; meals and nutrition programs; financial services; creative arts and recreation programs; senior adult day care services; and flexible spaces for partnership programs.

Investment

NMTC Amount: $2,000,000
Total Project Cost: $3,369,226

IMPACT

11 FTE jobs
40 construction jobs
New wellness and health programs; meals and nutrition programs; financial services; creative arts and recreation programs; senior adult day care services; and flexible spaces for partnership programs
20,000 sq. ft. of real estate

CDEs

Forward Community Investments, IFF

Investor

Unknown

Project Description

Construction of community center: The new 20,000 sq. ft. facility houses wellness and health programs; meals and nutrition programs; financial services; creative arts and recreation programs; senior adult day care services; and flexible spaces for partnership programs. The $3.2 million project is being financed by a $2 million loan from IFF, a $900,000 loan from the American Baptist Extension, and additional grant support from local Milwaukee institutions.

MAP

Address: 2432 North Teutonia Avenue, Milwaukee, WI 53206

Census Tract: 55079185500

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