Houston Food Bank 1

The Houston Food Bank utilized NMTC financing to rehabilitate and add space to their current properties and to move the location of their kitchen to this updated site in order to combine programs and reduce costs.

Investment

  • NMTC Amount: $1,736,813
  • Total Project Cost: $6,728,635

IMPACT

  • 16 FTE jobs
  • 179 construction jobs

Investor

Project Description

The Houston Food Bank (HFB) utilized their investment from UDF to rehabilitate and add space to their current properties and to move the location o their kitchen to this updated site in order to combine programs and reduce costs. The kitchen was previously located separate from the main warehouse, where most volunteers are used and this created a logistical challenge for the operation to adequately utilize their volunteer base.

MAP

Address: 525 Portwall Street, Houston, TX 77029

Census Tract: 48201212400

Other Texas Projects

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Financing for Cook Children's, a non-profit children's health care system located in a highly distressed area.
A $22M public health clinic was constructed in one of Dallas' poorest neighborhoods.
A $7 million federal NMTC financing to construct the first phase of the new Trinity Basin Prep charter school in Fort Worth, TX.