New Markets Tax Credit Coalition

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Meals on Wheels San Antonio

New construction of a 43,730 sq. ft. facility that will have an optimized production kitchen with increased cold and dry storage; an efficient food preparation space; a dedicated volunteer training and waiting area; a safe, easy-to-navigate loading dock; and an expanded Grace Place Center Alzheimer’s programs.

Investment

  • NMTC Amount: $21,000,000
  • Total Project Cost: $21,264,259

IMPACT

  • 40 FTE jobs
  • 111 construction jobs
  • Serves 8,575 seniors annually, which is a 27% increase in the number of seniors served at its existing facility needs of a growing senior population in the San Antonio region.
  • 43,730 sq. ft. of real estate

Investor

Project Description

New construction of a 43,730 sq. ft. facility that will have an optimized production kitchen with increased cold and dry storage; an efficient food preparation space; a dedicated volunteer training and waiting area; a safe, easy-to-navigate loading dock; an expanded Grace Place Center Alzheimer’s programs; and an administrative home for the Project. This new facility will replace the current home of facility and more than double their capacity for meals and delivery.

MAP

Address: 2718 Danbury Drive, San Antonio, TX 78217

Census Tract: 48029120901

Other Texas Projects

NMTC allocation supported the construction of the 33,800-square-foot facility.
The new construction and equipping of a $62.8M, 275,000 sq. ft. spiral welded pipe manufacturing plant in rural Paris, Texas.
NMTC financing for Mills Building Redevelopment, a mixed-use project.
NMTC financing supported the construction of the FIBERTOWN Colocation Data Center