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New York

Map of Selected Projects in New York

Community Testimonials

We are developing a new housing model that includes 174 units of low-income housing (affordable and supportive) and ground floor light manufacturing. The model will only work if both the residential and manufacturing components receive tax credit allocations under LIHTC and NMTC. This will provide housing and economic development opportunities in a very poor neighborhood in NYC.

-Carole Gordon, Senior VP for Housing Development, The Bridge, New York, New York

Selected Projects in New York

2012

Bronx, NY | 14th District

NMTC financing for a food distribution facility, Foodirect Inc., a full-service food distributor that has been family-owned and operated…
2010

Bronx, NY | 14th District

Restaurant Wholesale Supplier: South Bronx developer Steven Smith has taken a bankrupt 28-acre illegal garbage dump and transformed it…

The Commissary Kitchen Incubator’s Ribbon Cutting at Rochester’s Sibley Building

Senator Says $35M Project Will Support Jobs And Regional Tourism, And Have A $400M Economic Impact; Project Is Underway And Attracting Private Donations, But Requires NMTC To Get Over The Financing Finish Line Schumer Has Made The Extension Of The NMTC Program A Top Priority; Program Has Proved to Be Effective Time & Time Again Schumer: New Markets Tax Credits Will Put The FUN In Funding For Explore And More Children’s Museum  During a visit to Buffalo, U.S. Senate Minority Leader Charles E. Schumer today visited the soon-to-be Explore and More Children’s Museum, to launch a major effort to secure $35 million in

Congressman Ritchie Torres Attends Groundbreaking for $39 million New York Regional Food Hub

Construction has started on the 60,000-square-foot New York State Regional Food Hub in the Hunts Point neighborhood of the Bronx.