River Valley Co-op

New Markets Tax Credit Coalition

Northampton,
MA
(2020)

River Valley Co-op

Community, Grocery and Fresh Food, 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

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