Pennsylvania Data and Stories

Map of Selected Projects in Pennsylvania

Community Testimonials

We did the first NMTC deal in Philadelphia. The $17.5 million investment was part of a $55 million investment in a new retail center that included a 60,000 square foot supermarket and Lowes Home Improvement. It created over 700 jobs and was refinanced in 2017. The property is 100% leased and income continues to be reinvested in the community.

-James Burnett, Executive Director, West Philadelphia Financial Services Institution

Selected Projects in Pennsylvania

Rehab of a 265,000 squarefoot vacant department store in downtown Pittsburgh.
A multi-agency effort, which includes the City of Pittsburgh, Port Authority of Allegheny County and East Liberty Development Corporation, to assemble and redevelop six acres of blighted or obsolete commercial
The revitalization of a major gateway into the East Liberty neighborhood, which has been undergoing a major transformation after years of blight.
BVRS outgrew its previous space and renovated an 87,000 sq. ft. five-story building to suit the needs of the growing organization.
The Center for Health and Literacy is a cooperative project between the Children's Hospital of Philadelphia and the City of Philadelphia.
Financing to help Project H.O.M.E. relocate its clinic.
The Energy Innovation Center is a renovation of approximately 160,000 sq.ft. of space at the former Connelley Trade School for reuse as an Innovation Center for energy efficiency, alternative energy
Financing for an organization providing support services and shelters for the homeless and people in poverty.
A 93,000 sq. ft. expansion to Ronald McDonald's hiladelphia facilities, more than doubling the sq. footage of PRMH's existing 72,000 sq. ft. facility, for a total of more than 165,000
Part of a larger initiative by Widener University to invest in its community, University Crossings is a state-of-the-art mixed-use development adjacent to its Chester, PA campus.
A $48.2M mixed-use, transit-oriented, green development in Philadelphia's Ludlow community - a low-income, distressed neighborhood currently undergoing a revitalization drive fueled by strong public and private collaboration.
In Philadelphia, the NMTC transformed a former textile mill and warehouse into apartments for teachers and non-profit office space designed for education related firms.

Site visits and recent news related to Pennsylvania NMTC Projects

Former Congressman Doyle attends the Hazelwood Green groundbreaking

Today's groundbreaking is a sign that a new heyday is coming for Pittsburgh and for America — one that will transform and revive an entire sector of the American economy in every corner of our great nation." -Congressman (now former) Doyle (D-PA)
Nov-2017