The Gateway Family YMCA – Elizabeth Branch - New Markets Tax Credit Coalition

Elizabeth, NJ (2011)

The Gateway Family YMCA – Elizabeth Branch

Community, Daycare and Early Childhood, Recreation, Veterans Services, YMCAs and YWCAs, Youth and Families

NMTC financing for a YMCA impacts the community it serves by nurturing the potential of every child, teaching the importance of spirit, mind, and body to achieve a healthier lifestyle and supporting its neighbors to learn life skills that helps them grow and thrive.

Investment

NMTC Amount: $7,000,000
Total Project Cost: $12,192,191

IMPACT

43 FTE jobs
46 construction jobs

CDEs

Bank of America

Investor

Bank of America

Project Description

The Elizabeth Branch impacts the community it serves by nurturing the potential of every child, teaching the importance of spirit, mind, and body to achieve a healthier lifestyle and supporting its neighbors to learn life skills that helps them grow and thrive. The Elizabeth Branch serves Elizabeth and the surrounding communities, and provides The Dudley House Veterans Transitional Housing Program in Plainfield, NJ.