New York, NY (2019)

Sendero Verde

Investment

  • NMTC Amount: $18,000,000
  • Total Project Cost: $223,000,000

IMPACT

  • 578 FTE jobs
  • 1,115 construction jobs

CDEs

Investor

Project Description

The $18 million NMTC financing support from JPMorgan Chase is helping redevelop vacant city-owned land in East Harlem into a mixed-use development that will include 700 units of affordable housing and an elementary school operated by Harlem Children’s Zone (HCZ), which will provide high-quality, standards-based academic programs for students.

Both students and their families will also have access to HCZ’s comprehensive network of supports, including counseling, benefits assistance and other social services.

MAP

60 East 112th Street, New York, NY 10029

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