New Markets Tax Credit Coalition

Joseph M. Smith Community Health Center

Financing for the construction of a community health center.

Investment

  • NMTC Amount: $24,420,000
  • Total Project Cost: $24,821,911

IMPACT

  • 48 FTE jobs
  • 125 construction jobs
  • 65,300 patients served
  • Project includes a Federally Qualified Health Center.
  • 48,000 sq. ft. of real estate

Investor

Project Description

Financing for the construction of the Joseph M. Smith Community Health Center (JMSCHC) in Boston’s Allston and Brighton neighborhoods. The financing helped JMSCHC build a 48,000 sq. ft. health center, which consolidating three of its leased sites – including administrative offices and the primary Allston health center and vision clinic – into a single site.

MAP

Address: 495 Western Avenue, Brighton, MA 2135

Census Tract: 25025000100

Other Massachusetts Projects

High Point, the largest provider of addiction and mental health treatment in Massachusetts, received NMTC financing to acquire and renovate a 60,000-square-foot facility on a Middleborough site that had been
NMTC financing for Community Action, Inc, a nonprofit that provides resources and opportunities for individuals, families and communities to overcome poverty.
Expansion of existing building to double the number of youth Artists For Humanity trains and employs.
The $12 million overhaul of a historic site that has called North Street home for over a hundred years for a YMCA.