New Markets Tax Credit Coalition

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YMCA Fort Worth

NMTC financed development of a 35,000 sq. ft. community space for the McDonald Southeast YMCA.

Investment

  • NMTC Amount: $14,700,000
  • Total Project Cost: $15,487,754

IMPACT

  • 22 FTE jobs
  • 189 construction jobs
  • 35,000 sq. ft. of real estate

Investor

Project Description

NMTC-financed development of a 35,000 sq. ft. community space for the McDonald Southeast YMCA. Included new construction of a full-service fitness center and early learning education center.

MAP

Address: 2701 Moresby Street, Fort Worth, TX 76105

Census Tract: 48439104604

Other Texas Projects

Transformation of the 88-acre Camp Whispering Cedars into a STEM Center of Excellence, the first of its kind among Girl Scouts chapters.
With NMTC financing the construction of 20 new private rooms allows the RMH of Ft. Worth to house 300 more families each year.

$5 million allocation will create approximately 18 homes for low-income buyers with median incomes averaging $36,000 per year. These buyers will receive pre-purchase financial counseling, homebuyer education, and ongoing support.

NMTC financing was used to purchase and install new equipment for use in the expansion of a food manufacturing facility.