New York Data and Stories

State Fact Sheet

Map of Selected Projects in New York

Community Testimonials

This proven program is key to helping disenfranchised communities the opportunity to attract businesses that provide critical jobs and services. Directing capital into these communities transforms the possibility of persons with the potential to be productive into tax paying workers that contribute meaningfully to the US economy.

-Neel Shah, Shah Capital Advisors, Inc., Briarcliff Manor, New York

Selected Projects in New York

The Joseph P. Addabbo Family Health Center, Inc.

Arverne,
NY
(2018)

Adult Education, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare

CDE(s): Building America CDE, Primary Care Development Corporation

A 21,865 sq. ft. expansion onto its existing facility in the Far Rockaway neighborhood of Queens, New York.

Interfaith Partnership for the Homeless – Community Connections and Wellness Center

Albany,
NY
(2018)

Adult Education, Affordable Housing, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Housing, Shelters and Community Food, Supportive Housing, Youth and Families

CDE(s): Corporation for Supportive Housing

The Project consists of the rehabilitation and conversion of the historic 16,200 sq. ft.

Bogopa BG Flatlands

Brooklyn,
NY
(2018)

Grocery and Fresh Food, Retail

CDE(s): NYCR-CDE

Renovation of a vacant retail grocery store into Food Bazaar grocery store. The facility will be tailored to the health and nutritional needs of the ethnically diverse neighborhood.

GMDC Ozone Park Industrial Center

Ozone Park,
NY
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, Enterprise Community Partners, NYC Neighborhood Capital Corporation

Acquistion and construction/rehab of prodcution space for small and mid-size manufacturers.

Madison Square Boys & Girls Club

New York,
NY
(2017)

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

CDE(s): Nonprofit Finance Fund, NYC Neighborhood Capital Corporation, PNC, TruFund

A new, $48 million, 50,000-sq. ft. youth recreation and academic support center in Central Harlem, Manhattan, one of the most underserved urban neighborhoods in the country.

Grand Basket Co Inc

Maspeth,
NY
(2017)

Business Development, Manufacturing

CDE(s): Greenline Ventures

Financing for the expansion of a patio furniture manufacturer in Maspeth, NY

The Center for Nursing and Rehabilitation

Hoosick Falls,
NY
(2017)

Community, Healthcare

CDE(s): Mascoma Community Development

The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by

Northland Central

Buffalo,
NY
(2017)

Adult Education, Business Development, College or Vocational Training, Community, Manufacturing

CDE(s): Building America CDE, National Trust Community Investment Corporation

Redevelopment of a historic vacant industrial complex located in a distressed area on Buffalo's East Side.

Urban Health Plan

Bronx,
NY
(2017)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Nonprofit Finance Fund

UHP used NMTC financing to build a new 54,000-sq. ft. facility adjacent to their currently overcrowded site in the Morrisania neighborhood of the Bronx.