Displaying 1 - 9 of 20

NorthStar Learning Center

NorthStar Learning Center

New Bedford
MA
United States

NorthStar Learning Center is a 17,500 square foot state-of-the-art early education and community center. The Center is designed to serve young children with a range of developmental needs. The new building will eliminate two outdated, cramped facilities, and nearly double current enrollment capacity.

Sponsor
Northstar Support Corporation
Source
NMTC: $10,670,000; Loan: $500,000
Financing Total
$11,170,000
Impact

Economic Opportunity: 93% increase in infant, toddler, and preschool child-care spaces for low-income families who need this resource to continue working, to find work, and/or to increase job skills; Community Service or Facilities: The project provides a new, state-of-the-art early education and care center that incorporates community spaces and programming for entrepreneurs, artists, gardeners, teachers, children and families.

Healthy Communities

500 Talbot Avenue

500 Talbot Avenue

500 Talbot Avenue
Boston, MA
United States

500 Talbot Avenue is a new transit-oriented development. This project will create 42 units of mixed-income housing and two ground floor retail spaces.

Sponsor
JMB Property Development Company, Inc.
Source
Loan: $2,015,000; HNEF II: $5,900,000
Financing Total
$7,915,000
Impact

Affordable Housing Creation: 15 new Workforce Housing Units; Implementing Community Vision

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Community MusicWorks Center

Community MusicWorks Center

Providence
RI
United States

The Community MusicWorks Center is a new 24,000 square foot facility that will host Community MusicWorks’ award-winning free after-school music programming.

Sponsor
Community MusicWorks
Source
NMTC: $6,790,000
Financing Total
$6,790,000
Impact

Community Services and Enhanced Education Outcomes; Neighborhood Revitalization & Community Engagement

Healthy Communities

Northampton Residences

Northampton Residences

Boston
MA
United States

Northampton Residences is a new transit-oriented development located in the Lower Roxbury neighborhood of Boston. This development will result in the creation of 47 affordable homeownership condominiums available to households earning up to 100% of the Area Median Income.

Sponsor
THR Acquisition, LLC
Source
HNEF II: $4,633,561
Financing Total
$4,633,561
Impact

Affordable Housing: Creation of 47 homeownership units for households earning at or below 100% of AMI.

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Simon C. Fireman Residences

Simon C. Fireman Residences

Randolph, MA
United States

Construction of 45 senior homes, expanding the Simon C. Fireman Residences currently offering 160 senior homes and services that allow residents to age in place.

Sponsor
Hebrew SeniorLife
Source
Housing and State Tax Credit Investments
Financing Total
$11,874,668
Impact

Affordable housing creation and enhancing health outcomes.

Healthy Communities

Broad Street Housing

Broad Street Housing

Quincy, MA
United States

New 20,144-sq.-ft. building offering 30 affordable efficiency apartments for individuals who are unhoused or at risk of becoming unhoused.

Sponsor
Father Bill's and MainSpring
Source
Housing and State Tax Credit Investments
Financing Total
$7,239,436
Impact

Affordable housing creation and providing necessary community services.

Healthy Communities

Hundred Nights Emergency Shelter

Hundred Nights Emergency Shelter

Keene, NH
United States

Bridge funds for a $4 million capital campaign to acquire a property and build a new, three-story 15,180-sq.-ft. facility that will double shelter-bed capacity, centralize operations under one roof, and be within walking distance to key partners.

Sponsor
Hundred Nights, Inc.
Source
Loan
Financing Total
$1,051,722
Impact

Affordable housing creation, providing necessary community services, and enhancing health outcomes.

Healthy Communities

Yellow Barn Business Accelerator

Yellow Barn Business Accelerator

Hardwick
VT
United States

The Yellow Barn Business Accelerator is the culmination of a six-year effort spearheaded by the Town of Hardwick and the project sponsors. The town purchased the iconic “Yellow Barn” and the 4-acre site in 2019 to repurpose for economic development. The core mission of the project is to strengthen the regional farm- and food-based economy by supporting the growth of agricultural businesses, promoting development of new products, and increasing export to external markets. The 6,172 square foot historic barn, which is listed on the state’s historic register, also will be preserved and renovated into a retail destination by Cabot Creamery for its signature cheeses and to showcase other local agricultural products.

Sponsor
Northeast Kingdom Development Corporation and Northeastern Vermont Development Association
Source
NMTC: $3,880,000; Loan: $2,535,000
Financing Total
$6,415,000
Impact

Downtown Revitalization; Economic Opportunity; Community Services and Facilities; Implementing Community Vision

Healthy Communities

93 Centre Street

93 Centre Street

Brockton, MA
United States

Adaptive reuse of the historic Anglim 
Building into a transit-oriented 
development with 55 mixed-income 
homes and 1,500 SF of ground floor 
commercial space. Eleven of the homes 
will be reserved for residents earning at 
or below 80% AMI.

Sponsor
Concord Square Planning and Development Company, Inc.
Source
Healthy Neighborhoods Equity II Investment
Financing Total
$5,850,000
Impact

Fulfills a long-time vision of 
the City of Brockton to redevelop this 
historic building and attract housing and 
businesses to a downtown location close 
to transportation.

Healthy Communities