Second Harvest Food Bank of Metrolina

New Markets Tax Credit Coalition

Charlotte,
NC
(2016)

Second Harvest Food Bank of Metrolina

Community, Shelters and Community Food

The expansion of Second Harvest Food Bank of Metrolina, doubling the size of their main warehouse

Investment

NMTC Amount: $13,000,000
Total Project Cost: $14,096,319

IMPACT

5 FTE jobs
100 construction jobs

CDEs

The Reinvestment Fund, Truist

Investor

Truist

Project Description

NMTC financing supported the expansion of Second Harvest Food Bank of Metrolina, doubling the size of their main warehouse. The expansion adds both a volunteer center and a recycling center to the environmentally efficient facility. Additionally, the renovations add improved parking, offices and more pallet slots and vehicle docks.

MAP

Address: 500 Spratt Street, Charlotte, NC 28206

Census Tract: 37119005200

Other North Carolina Projects

Weaver Street Market’s Food House

Hillsborough,
NC
(2008)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Capital Impact Partners

A NMTC transaction supported the purchase and development of a third healthy food retail site, and to develop warehouse capacity that allowed the market to provide healthy, freshly-prepared foods to