River Valley Co-op

Northampton,
MA
(2020)

River Valley Co-op

Co-ops, Community, Food Bank or Pantry, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Shelters and Community Food

NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food Desert.

Investment

NMTC Amount: $16,000,000
Total Project Cost: $17,001,288

IMPACT

244 FTE jobs
50 construction jobs
23,000 sq. ft. of real estate

CDEs

Capital One, Evernorth Rural Ventures, MHIC, National Community Investment Fund

Investor

Capital One

Project Description

NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food Desert.

MAP

Address: 228 Northampton Street, Northampton, MA 1027

Census Tract: 25015822402

Other Massachusetts Projects

United Teen Equality Center (Project #1)

Lowell,
MA
(2011)

Arts, Community, Schools

CDE(s): AI Wainwright

Financing for Cafe UTEC, a youth education and workforce training program located in Lowell, MA.

Sociedad Latina

Boston,
MA
(2019)

Adult Education, College or Vocational Training, Community, Historic Rehabilitation, Vocational Training

CDE(s): Raza Development Fund

The renovation of a historic building in Boston's Mission Hill/Roxbury neighborhood, in which it has been operating for 35 years.

470 Main Street

Fitchburg,
MA
(2007)

Community, Historic Rehabilitation, Housing, Mixed-use, Mixed-use and Commercial

CDE(s): MHIC

Renovation of a historic 5-story building which now serves as its headquarters in the center of downtown Fitchburg.

Advanced Eye Centers

Fall River,
MA
(2011)

Community, Healthcare

CDE(s): Rockland Trust

NMTC financing supported an ophthalmology clinic in Fall River, Massachusetts.