Vehicles for Change

Investment

  • NMTC Amount: $450,000
  • Total Project Cost: $450,000

IMPACT

  • 5 FTE jobs
  • 30 construction jobs
  • VFC anticipates indirectly placing 840 full-time mechanics into jobs in a 7-year period.
  • 6,930 sq. ft. of real estate

CDEs

Investor

Project Description

VFC purchased a property located at 31440 Winterplace Parkway in Salisbury, MD for the purpose of expanding their mechanic training center, which assists people exiting the prison system in receiving job training in automotive repair, becoming ASE certified, and being placed in full-time employment. VFC is not only providing technical training to returning citizens, but is assisting in combating the workforce shortage in a much needed area of expertise. Additionally, this new training facility will provide some of the repairs for the other VCF locations that support low-income families who experience barriers to employment due to transportation issues.

MAP

Address: 31440 Winterplace Parkway, Salisbury, MD 21804

Census Tract: 24045010603

Other Maryland Projects

Financing for a Residential Re-Entry Center to assist returning citizens in making successful transitions back into their communities.

The project consists of the rehabilitation of the 60,500 sq. foot historic Phillips Packing Company, Factory F into a mixed-use technology hub within a non-metropolitan, severely distressed tract in Cambridge,

SunTrust Community Capital and Harbor Bankshares Corp. provided a total of $19.8M in financing for Village Center at Stadium Place in Baltimore.
The 85,000 sq. ft. former lithograph printing complex was restored and transformed into the Center for Neighborhood Innovation, convening workforce development programs, educational training, neighborhood revitalization advocates, and nonprofits committed