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Fall River, MA (2013)

YMCA Southcoast, Inc.

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.

Investment

  • NMTC Amount: $11,515,400
  • Total Project Cost: $12,628,067

IMPACT

  • 3 FTE jobs
  • 59 construction jobs

Investor

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.

MAP

Address: 199 North Main Street, Fall River, MA 2720

Census Tract: 25005641101

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