New York Data and Stories

State Fact Sheet

Map of Selected Projects in New York

Community Testimonials

[The NMTC] is a tremendous aid in providing access to affordable Capital in low-income communities and as a benefit for MWBE Development and businesses

-Demond Wilkerson, Managing Member, Modern Commercial Capital Institute, Bronx, New York

Selected Projects in New York

Rehab of the National Biscuit Company Building

Albany,
NY
(2020)

Community, Culinary Entrepreneurship, Historic Rehabilitation, Shelters and Community Food, Theaters and Performing Arts Spaces

Finances the renovation of the historic National Biscuit Company Building.

First National Rehab

Olean,
NY
(2020)

Addiction Treatment, Behavioral Health, Historic Rehabilitation, Retail, Retail and Commercial

CDE(s): Dudley Ventures

The First National Project will renovate the historic former headquarters of the 1915 First National Bank and an adjoining and Siegel’s Shoes buildings located in rural NY.

Healthview CBWCHC

Flushing,
(2020)

Behavioral Health, Community, FQHCs

CDE(s): NYCR-CDE

The construction of a new Federally Qualified Health Center that will serve as a primary care access point that provides medical, dental, mental health and enabling services to a severely

Bogopa/Food Bazaar

Bronx,
NY
(2020)

Grocery and Fresh Food

CDE(s): NYC Neighborhood Capital Corporation, Popular Community Capital

The project is the $15.5 million fit out of an 80,000 sq. ft. supermarket in the Bronx Terminal Market at 610 Exterior Street, Lower Concourse, Bronx.

Currier Plastics, Inc.

Auburn,
NY
(2020)

Business Development, Manufacturing, Warehouse and Wholesale

CDE(s): Empire State Development Corporation

A $16.4 million expansion increased manufacturing activity in Auburn, NY, creating 32 new jobs.

D’Youville College Health Professions HUB

Buffalo,
NY
(2020)

Business Development, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, Incubator, Nonprofit Hub, Recreation, Retail, Retail and Commercial, Vocational Training, Youth and Families

CDE(s): Brownfield Revitalization, Urban Research Park CDE

NMTC financing supported a hub for education, training, and community health center on Buffalo’s West Side.

Bedford-Union Courts Armory

Brooklyn,
NY
(2019)

Affordable Housing, Community, FQHCs, Healthcare, Housing, Incubator, Mixed-use, Nonprofit Hub, Shelters and Community Food

CDE(s): Citibank, National Community Investment Fund, NYCR-CDE, Wells Fargo

The redevelopment of the historic Bedford-Union Armory located in the Crown Heights community in Brooklyn.

Boys and Girls Club of Newburgh

Newburgh,
NY
(2019)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): TruFund

NMTC financing supported the renovation of several buildings for the Boys and Girls Club of Newburgh.

Crescent Commons

Cortland,
NY
(2019)

Behavioral Health, Community, Healthcare, Historic Rehabilitation, Mixed-use, Nonprofit Hub, Rural, Targeted Populations

CDE(s): National Trust Community Investment Corporation

This multi-phase project transformed the long vacant building into a new headquarters for a nonprofit mental health counseling organization specializing in mental health support and drug dependency counseling, as well

The Thin Man Brewery

Buffalo,
NY
(2019)

Beverages, Business Development, Food Manufacturing, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): Empire State Development Corporation

The purchase of equipment and working capital related expenses related to the expansion of a woman-owned local brewery.

27 Chandler Street

Buffalo,
NY
(2019)

Business Development, Grocery and Fresh Food, Historic Rehabilitation, Incubator, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): National Trust Community Investment Corporation

The adaptive reuse of a former refrigeration warehouse into a community-based food incubator and the third project to use the NTCIC Irvin Henderson Main Street Revitalization Fund.Once complete, the historic

LA Central

Bronx,
NY
(2019)

Affordable Housing, Community, Daycare and Early Childhood, Infrastructure, Mixed-use, Retail, Retail and Commercial, Transportation and Ports, Youth and Families

CDE(s): Citibank, Dudley Ventures

A catalyst for economic development will supply 992 units of much needed affordable housing, community-serving retail space and community facility space to a low-income neighborhood.