New York Data and Stories

State Fact Sheet

Map of Selected Projects in New York

Community Testimonials

Community development is critical to helping neighborhoods survive. Community banks like Maspeth Federal Savings helps finance small businesses and community development projects. The NMTC program is critical to this continued success.

-Thomas Rudzewick, Maspeth Federal Savings, Maspeth, NY

Selected Projects in New York

Fine Fare Brooklyn

Brooklyn,
NY
(2023)

Grocery and Fresh Food

CDE(s): Arctaris Impact CDE, Hampton Roads Ventures, The Community Builders, TruFund

Financing for the owner of a Fine Fare Supermarkets in Brooklyn to purchase the building she had leased for 13 years. The purchase will stabilize occupancy costs, secure a long-term

GLOW Healthy Living Campus

Batavia,
NY
(2023)

FQHCs, Nonprofit Hub, YMCAs and YWCAs

CDE(s): Empire State Development Corporation, Enterprise Community Partners

New healthy living campus expands access to healthcare and recreation in Batavia

Grand Concorse Fordam

Bronx,
NY
(2023)

Mixed-use

CDE(s): Arctaris Impact CDE, Hampton Roads Ventures, The Community Builders, TruFund

The Grand Concourse project will bring a Fine Fare grocery store in the Bronx, NY. The ERF allocation will help fund the purchase and rehabilitation of 50,363 sq. ft. of

Urban Assembly Charter School for Computer Science

Bronx,
NY
(2023)

Schools

CDE(s): Chase, NYC Neighborhood Capital Corporation, NYCR-CDE, Self-Help, The Community Builders

Urban Assembly Charter School for Computer Science (“Comp Sci High”) is a single-site work-based learning, computer science focused non-profit Charter school in the South Bronx. Founded in 2018 with a

Hope House

Bronx,
NY
(2023)

Behavioral Health, Supportive Housing

CDE(s): NYC Neighborhood Capital Corporation

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community

Julian H. Robertson CitySquash Center

Bronx,
NY
(2023)

Recreation

CDE(s): NYC Neighborhood Capital Corporation

CitySquash uses NMTC financing for the construction of a purpose-built 15,000 square foot headquarters.

KIPP New York, Inc.

Bronx,
NY
(2023)

Schools

CDE(s): Capital One, NYCR-CDE

NMTC project provides 150,000 square feet for the KIPP NYC network of public charter schools located across The Bronx, Brooklyn, and Manhattan.

Urban Health Plan Plaza Del Sol & Logistics Center

Corona,
NY
(2023)

FQHCs

CDE(s): Capital Impact Partners, Chase

Capital Impact Partners and Chase provided NMTC financing to Urban Health Plan (UHP), via its support corporation, The Foundation for Urban Health and Well Being, Inc. to expand their existing

Cimolai-HY

Olean,
NY
(2023)

Manufacturing

CDE(s): Empire State Development Corporation, Hampton Roads Ventures, Mid-City Community CDE

This project will partially finance the acquisition and renovation of the former Dresser-Rand/Siemens Energy industrial facility in Olean, NY, the acquisition and commissioning of manufacturing equipment, and the training of

West Side Bazaar

Buffalo,
NY
(2022)

Historic Rehabilitation, Incubator

CDE(s): National Trust Community Investment Corporation

The adaptive reuse of the 18,000 sq. ft. Illinois Alcohol Company Building into the new home and expansion of an established small business incubator, West Side Bazaar.