New Markets Tax Credit Coalition

  • Charlotte,
  • NC
  • (2017)

Howard Levine Child Development

District: Alma Adams (D-NC12)

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

Investor

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

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