New Markets Tax Credit Coalition

  • Bronx,
  • NY
  • (2023)

Hope House

District: Ritchie Torres (D-NY15)

Investment

  • NMTC Amount: $8,500,000
  • Total Project Cost: $13,000,000

IMPACT

  • 20 FTE jobs
  • 28 construction jobs
  • jobs created and 20 jobs retained.
  • 12,000 sq. ft. of real estate

CDEs

Project Description

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community support, the program will provide an innovative continual care treatment model for New York City residents convicted of drug offences. Supportive housing and health treatment will be part of the ongoing rehabilitative experience for participants, helping to break the cycle of recidivism. Hope House is being developed by the Greenburger Center for Social and Criminal Justice, Inc.

External Profile
External Profile 2

MAP

Address: 849 Crotona Park North, Bronx, NY 10460

Census Tract: 36005036700

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