New Markets Tax Credit Coalition

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Rego Park Aldi

Financing for the construction and renovation of five ALDI food stores in various regions of New York State; purchase equipment for a new stores; and pay related costs.

Investment

  • NMTC Amount: $1,400,000
  • Total Project Cost: $1,400,000

IMPACT

  • 4 FTE jobs

Investor

Project Description

One of five small loans in the amount of $2 million or less to: (i) finance the construction and renovation of five ALDI food stores in various regions of New York State; (ii) purchase equipment for the new stores; and (iii) pay related costs. The five stores is located in Ilion, Massena, Gates, Harlem and Rego Park.

MAP

Address: 61-11 Junction Blvd, Rego Park, NY 11374

Census Tract: 36081071702

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