St. John’s Bread and Life

NMTC financing for an emergency food provider in Brooklyn

Investment

  • NMTC Amount: $6,790,000
  • Total Project Cost: $6,790,000

IMPACT

  • 18 FTE jobs
  • 34 construction jobs
  • 22,000 sq. ft. of real estate

Investor

Project Description

St. John’s Bread and Life is the largest emergency food provider in Brooklyn, New York. They serve their clients with a restaurant-style dining area, a “client-choice” food pantry system, and a Mobile Soup Kitchen program.

MAP

Address: 795 Lexington Avenue, Brooklyn, NY 11221

Other New York Projects

Restaurant Wholesale Supplier: South Bronx developer Steven Smith has taken a bankrupt 28-acre illegal garbage dump and transformed it into a fresh food distribution hub with the potential to bring

Financing supported an office and warehouse for WL Concepts, a Service-Disabled, Veteran-Owned Small Business in Freeport in 2011. WL Concepts is a leader in creating innovative, visual, and three-dimensional displays,

Cascade Plaza is a newly developed 9-story, 175,000 sq. ft., mixed-use project in the heart of Ithaca’s Urban Renewal District. The development is the result of a partnership between the

Redevelopment of Army Reserve Center for use as a 200-bed residential job training facility for the homelessTransitional Housing Job Training Facility for Homeless. The Muller Residential Job Training Facility is