Thomas B. Davis YMCA Expansion

New Markets Tax Credit Coalition

Memphis,
TN
(2020)

Thomas B. Davis YMCA Expansion

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

Renovation and expansion of 32,921 sq. ft. of space for the YMCA, supporting new community goods and services.

Investment

NMTC Amount: $11,000,000
Total Project Cost: $11,013,400

IMPACT

35 FTE jobs
18 construction jobs
9,959 new clients served
32,921 sq. ft. of real estate

CDEs

Nonprofit Finance Fund

Investor

Unknown

Project Description

Renovation and expansion of 32,921 sq. ft. YMCA facilities and new community goods and services. services include Health & Education programs that promote healthy decision-making and lifestyle support, Child Care Services, and Sports and Summer day camps for children and teens.

MAP

Address: 4727 Elvis Presley Boulevard, Memphis, TN 38116

Census Tract: 47157022121

Other Tennessee Projects

Custom Foods of America, Inc.

Knoxville,
TN
(2023)

Manufacturing

CDE(s): CCG Community Partners, Mid-City Community CDE, National New Markets Fund, TruFund, Truist

NMTC allocation helped Custom Foods of America (CFA) finance a 50% expansion of their 350K sq. ft. Knoxville, TN production campus. CFA manufactures soups and sauces for chain restaurants and