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YMCA Southcoast, Inc.

Fall River, MA (2013)

With MHIC's New Markets financing, the YMCA Southcoast, Inc. rehabilitated and preserved the historic character of the building it has occupied for 115 years.

COMMUNITY IMPACT
  • 3 FTE jobs
  • 59 construction jobs
FINANCING SOURCES
  • NMTC amount: $11,515,400
  • Total Project Costs: $12,628,067
  • CDE:
PROJECT LOCATION

199 North Main Street

Fall River, MA 2720

Project Description

With MHIC’s New Markets financing, the YMCA Southcoast, Inc. rehabilitated and preserved the historic character of the building it has occupied for 115 years. The vacant fourth floor has been renovated to create an Educational Achievement Center. The Y anticipates doubling its membership within five years and adding educational, health and wellness, and recreational programs. The project turns an underutilized resource into a thriving community center that brings new business to downtown business owners.