Metropolitan Ministries, Phase Two

New Markets Tax Credit Coalition

Tampa,
FL
(2014)

Metropolitan Ministries, Phase Two

Community, Daycare and Early Childhood, Shelters and Community Food, Youth and Families

Metropolitan Ministries has served homeless and needy populations in the Tampa Bay area for over 40 years.

Investment

NMTC Amount: $11,000,000
Total Project Cost: $16,675,280

IMPACT

21 FTE jobs
157 construction jobs

CDEs

Florida Community Loan Fund, Whitney New Markets Fund

Investor

Whitney National Bank

Project Description

Metropolitan Ministries has served homeless and needy populations in the Tampa Bay area for over 40 years. Phase One used NMTC to build a new homeless services and housing facility in Tampa. With NMTC financing, Metro-Min’s Phase Two expanded on that original campus, adding an on-site elementary school and a youth center and chapel. Phase Two also included renovation of a building in Pasco County that is now a food bank and includes an on-site commercial kitchen that is utilized for career training.

MAP

Address: 103 East Frances Avenue, Tampa, FL 33602

Census Tract: 12057004200

Other Florida Projects

Mitchell Early Learning

Jacksonville,
FL
(2019)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): BBIF

NMTC financing supported the acquisiion of a facility for Mitchell Early Learning.

BD Xtreme

Bonifay,
FL
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

BD Xtreme is an aluminum boat manufacturer. The project allowed the company to acquire real estate, purchase equipment and inventory, restructure debt, and provide the needed working capital for expansion

Care Resources Community Health Center

Miami,
FL
(2019)

Community, FQHCs, Healthcare

CDE(s): Community Health Center Capital Fund, Primary Care Development Corporation

NMTC financing for Care Resource Community Health Center to support a new facility.

North Florida Community Hospital – Chipley

Chipley,
FL
(2023)

Healthcare

CDE(s): Community Hospitality Healthcare Services

The construction and outfitting of a new 14,000 square foot surgical center in Washington County.