Interfaith Ministries for Greater Houston

NMTC financing helped Interfaith Ministries for Greater Houston develop 53,500 sq. ft. Meals on Wheels Distribution Center.

Investment

  • NMTC Amount: $11,172,000
  • Total Project Cost: $12,000,000

IMPACT

  • 50 FTE jobs
  • 100 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 53,500 sq. ft. of real estate

Investor

Project Description

NMTC financing helped Interfaith Ministries for Greater Houston develop 53,500 sq. ft. Meals on Wheels Distribution Center. The nonprofit was able to increase its reach from 4,500 home bound seniors served on daily basis, to 10,000 seniors. As a result of the project an additional 5,500 seniors will be fed daily. This project increases annual meal service 1.7 million meals. Add support for the 500 to 600 refugees settled each year

MAP

Address: 3202 San Jacinto Street, Houston, TX 77004

Census Tract: 48201312500

Other Texas Projects

Prism FM Inc. (“Prism”) is a software company targeted on the live music industry that provides venues, promoters, and talent agencies a solution which brings the various pieces of event

The North Texas Food Bank addresses the critical issue of hunger by providing food-insecure North Texans with edible surplus food and grocery items otherwise destined for landfills.
A $4 million project provided the company with working capital and restructured existing debt.
NMTC financing supported a provider of top-quality Spanish immersion classes and daycare for children in El Paso, TX.