Howard Levine Child Development

New Markets Tax Credit Coalition

Charlotte,
NC
(2017)

Howard Levine Child Development

Daycare and Early Childhood

In 2017, construction on a new child-development facility at The Renaissance public-housing community.

Investment

NMTC Amount: $4,650,000
Total Project Cost: $6,108,644

IMPACT

42 FTE jobs
49 construction jobs

CDEs

Bank of America

Investor

Bank of America

Project Description

In 2017, construction on a new child-development facility at The Renaissance public-housing community. The Howard R. Levine Child Development Center, completed in October, 2017, serves 152 children, from infants to five-year-olds.

The project is the latest for the Renaissance West Community Initiative, a nonprofit leading the transformation of the former Boulevard Homes public-housing site at West Boulevard and Billy Graham Parkway. The project would not have been possible without NMTC financing from Bank of America.

MAP

Address: 3303 Achievement Lane, Charlotte, NC 28208

Census Tract: 37119003903

Other North Carolina Projects

Revolution Mill

Greensboro,
NC
(2015)

Housing, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial

CDE(s): Brownfield Revitalization, Mid-City Community CDE, National Community Investment Fund, PNC, USBCDE

Historic renovlation of historic hotel for mixed use retail and afordable housing.

Chatham Habitat for Humanity

Siler City,
NC
(2011)

Habitat for Humanity

CDE(s): Habitat for Humanity

NMTC financing supported a Habitat for Humanity Build for Chatham Habitat for Humanity

Southeast Raleigh YMCA

Raleigh,
NC
(2018)

Affordable Housing, Community, Daycare and Early Childhood, Mixed-use, Recreation, Schools, YMCAs and YWCAs, Youth and Families

CDE(s): CAHEC, Truist

The Southeast Raleigh YMCA/Elementary School is the first phase of a 31-acre master planned site to improve access to education, wellness and fitness activities, and affordable housing in Raleigh, NC.

Albemarle Hosiery Mill Rehab

Albemarle,
(2007)

Community, Healthcare, Historic Rehabilitation, Mixed-use

CDE(s): National Trust Community Investment Corporation

NMTC financing helped create a mixed-use project inside a former Albemarle hosiery mill.