New Markets Tax Credit Coalition

Houston Food Bank 2

The construction of a warehouse for Houston Food Bank, a freezer/distribution facility.

Investment

  • NMTC Amount: $48,964,971
  • Total Project Cost: $51,464,872

IMPACT

  • 180 FTE jobs
  • 150 construction jobs
  • The increased storage capacity helps the Food Bank feed 137,000 families per week.
  • 320,000 sq. ft. of real estate

Investor

Project Description

This project involved the construction of a warehouse for Houston Food Bank, a freezer/distribution facility. Houston Food Bank distributes more than 46 million pounds of food annually through nearly 572 hunger-relief agencies in Houston and the surrounding 18 counties in southeast Texas. The new facility more than quadruples their original food storage space from 73,000 sq. ft. to 320,000 sq. ft. allowing them to increase Houston Food Bank’s food distribution by 120,000 pounds. The increased storage capacity helps the Food Bank feed 137,000 families per week. In addition to maintaining a full-time staff, the Food Bank also receives assistance from over 450 volunteers on a daily basis.

MAP

Address: 535 Portwall Street, Houston, TX 77029

Census Tract: 48201212400

PDF Profile

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