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Chicago, IL (2014)

UCAN

NMTC financing for a nonprofit serving more than 10,000 at-risk children and families each year through over 30 programs focused on preventing violence, healing trauma, building strong families, and educating and empowering youth.

Investment

  • NMTC Amount: $21,600,000
  • Total Project Cost: $26,112,508

IMPACT

  • 145 FTE jobs
  • 51 construction jobs

Investor

Project Description

In August 2015, CDF provided $9 million in Federal New Markets Tax Credit financing and $5 million in State New Markets Tax Credit financing to UCAN, a nonprofit serving more than 10,000 at-risk children and families each year through over 30 programs focused on preventing violence, healing trauma, building strong families, and educating and empowering youth. CDF financing supported the construction of a new 31,000 square Program Services and Administrative Headquarters at 3605 W. Fillmore Street in North Lawndale. The facility houses a variety of programs for families and youth, many of whom are wards of the Illinois Department of Children and Family Services.

More: The Project transformed seven acres of blighted land that had been vacant for 40 years into a LEED-certified therapeutic youth home facility for the UCAN Chicagoland Institute for Transforming Youth (CITY) campus in Chicago’s highly distressed Lawndale neighborhood. The goals of CITY are to increase UCAN’s youth mentoring, advocacy, and violence prevention services by consolidating and relocating its facilities near the population it serves. At the time, the area had one of the highest juvenile arrest rates and the ninth highest violent crime rate in the City of Chicago. It is these statistics that led UCAN to develop the CITY campus at this location. UCAN’s desire for a strong presence in this high-need area of North Lawndale also supports the Department of Children and Family Services (DCFS) and the City of Chicago in their focus on increased, community-based, prevention-driven programming.

MAP

Address: 3600 West Fillmore Street, Chicago, IL 60624

Census Tract: 17031843000

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