Buffalo, NY (2013)

Roswell Park Cancer Institute

NMTC financing supported the construction of the Roswell Park Cancer Institute


  • NMTC Amount: $29,780,000
  • Total Project Cost: $46,380,142


  • 340 FTE jobs
  • 200 construction jobs
  • 241,487 patients served
  • 140,000 sq. ft. of real estate


Project Description

Roswell Park Cancer Institute (RPCI), is America’s first cancer center founded in 1898 by Dr. Roswell Park. The nonprofit institute had been providing hospital care to a medically underserved area in Buffalo, NY for over 100 years. With the assistance of the NMTC Program, RPCI involved the construction ofa 140,000 sq. ft. Clinical Science Center (CSC) building on its campus. The 11-story CSC building connects the Main Hospital to a new Research Center and expand the Institute’s Cancer Prevention program space by 100%. Benefits include space for administrative offices previously held in the Main Hospital and space for up to 10,000 additional community mammogram screenings to be performed each year. The institute also plans to work with several area nonprofit and governmental organizations to recruit low-income employees to fill jobs created by the project. NDC’s $8 million Qualified Equity Investment in the $46 million project was combined with financing and NMTC allocation from Chase Bank, Building America CDE and Dudley Ventures, resulting in the projected creation of 200 construction jobs and 340 permanent jobs.


Address: Carlton Street and Michigan Avenue, Buffalo, NY 14203

Census Tract: 36029003100

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