News/Blog

West Las Vegas Library (Las Vegas, NV)

1861 N. Martin Luther King Blvd., Las Vegas, NV 89106

Las Vegas-Clark County Library District (LVCCLD) is planning a new facility to serve the severely distressed West Las Vegas neighborhood. The neighborhood is deeply impoverished; more than four out of ten households earn less than $25,000 a year, and nearly half of all households with children live in poverty. Six of the seven census tracts to be served by the new library are severely distressed. (The census tract that will host the library possesses a poverty rate of 55.1% and a household median income amounting to not even one-third of the region’s figure.) Over 75% of the population within the library’s service area is non-white, and with fewer than 1 in 10 of those over 25 years old having earned college degrees, overall educational attainment is low. West Las Vegas is also considered to be the most unsafe neighborhood in the city, with violent crime rates over 700% higher than the U.S. average. The neighborhood is crying out for a well-resourced, broad-based intervention.

The new West Las Vegas library will devote no more than 15% of its interior square footage to book stacks. Rather, libraries today are “services-centric” opportunity hubs. To unlock the human development potential of its highly-disadvantaged service area, the new library will focus on four areas: Business & Career Services/Workforce Development (Employ NV Career Hub), Family Learning, School Support (children & teens), and Social Services & Healthcare (in partnership with Intermountain Healthcare & the Southern Nevada Health District). 21st century skill sets will be taught, including Critical Thinking and Problem Solving, Creativity and Innovation, Communication and Collaboration, Visual Literacy, Media Literacy, Entrepreneurial Literacy and Global Awareness. This will leverage the library system’s mature programming capacity: Over 1,000 programs per year will be offered, addressing topics such as early childhood and parenting education, media production within dedicated makerspace labs, culinary and nutrition programs, STEAM (science, technology, engineering, art, math) projects, and English language, high school diploma, and citizenship instruction.

In March of 2024, in partnership with Clearinghouse Community Development Financial Institutions, Prestamos CDFI, Accion Opportunity Fund, and Chase Bank, Crescent closed on a $33.5M Federal NMTC financing to construct a 40,000 SF library – more than twice the size of the library currently serving the neighborhood – will support this within Project-Based Learning Spaces, including an Innovation Lab, Youth Technology Area & Multimedia Area (A/V Studios, Green Room, Editing Suite, Music Room), Children’s Collection & Story Time Space, Tween Area, Teen Area, Adult Learning Classroom, Adult Learning Lab, Employ NV Career Hub, Business Center, Computer Lab, Conference Room and Event Spaces (with a kitchen), Tech Area Flex Space, Quiet Room, and Study Booths.

The library will engage in four key areas: Business & Career Services/Workforce Development, Family Learning, School Support, and Social Services & Healthcare.

By combining cutting-edge programming, experienced outside partners, state-of-the-art infrastructure and sympathetic design, the new facility will catalyze transformative improvement in educational and social outcomes for its users.

Approximately 22,000 people will be served annually by the services provided by the new branch, and 250 jobs will result from its construction and operation.

Second Harvest of the Big Bend (Tallahassee, FL)

4446 Entrepot Blvd., Tallahassee, FL 32310

Second Harvest of the Big Bend was founded in 1982 and first focused on collecting and distributing perishable food. An affiliate of the nationwide Feeding America food bank network. Second Harvest’s service area consists of an expansive, sixteen-county region in the central Florida Panhandle. Last year, SHBB distributed a record 13.8 million pounds of food donated by national manufacturers, food wholesalers and distributors, other regional food banks, local food retailers, regional farmers, local food drives and individual donors. SHBB also routinely purchases some foods at a wholesale rate and distributes U.S. Department of Agriculture (USDA) Commodities through The Emergency Food Assistance Program (TEFAP). In 2022 SHBB served over 120,000 individuals, 59.4% of whom were members of ethnic or racial minorities.

SHBB has developed several programs tailored to its clients, many of whom live in remote rural areas (51.5% of all clients). Twelve mobile pantries, known as “Just in Time” distribution vehicles, are often located in church or nonprofit parking lots in a farmers’ market-style distribution, while the Senior Grocery Program provides low-income seniors with supplemental nutrition at the end of the month, when seniors’ financial resources are often depleted. (Over a quarter of those SHBB serves are seniors.)

Despite last year’s record level of food distribution, the end of pandemic-era assistance programs has triggered an explosion in demand, and SHBB estimates that a near-doubling of its annual capacity, to 25 million pounds, is required to adequately serve those struggling with food insecurity.

In March of 2024, in partnership with Hampton Roads Ventures, CCG Community Partners, and Truist Bank, Crescent closed on a $13.0M Federal NMTC financing to upgrade and expand its existing facilities, technology, programs and staff. An $11 million facility expansion will fund:

  • Volunteer Hub – a dedicated food-loading workspace to separate volunteers from forklift operators and improve safety;
  • Community Training Center – a space for training food safety and nutrition education specialists;
  • Community Wellness and Education Center – a demonstration kitchen to educate food-insecure persons in gardening, nutrition, food preparation and cooking – resulting in self-sufficiency and better nutrition;
  • Agricultural Education Center – a new, outdoor education area for demonstrations and workshops, to include a greenhouse, room for additional gardens, raised beds and row crops, plus a composter to generate soil and reduce landfill waste.

Eight new full-time staffers will be leveraged to supervise the planned aggressive expansion in output, new equipment will ease the difficulties SHBB encounters in serving its rural clients, and new technology will support both better internal performance and improve cooperation with the 135 nonprofit partners SHBB collaborates with to serve its highly-disadvantaged, “majority-minority”, mostly rural client base within its sixteen-county service area. SHBB’s significantly improved capability in its designated role as the North Florida Disaster Hub will also greatly benefit its clientele, whose poverty renders them especially vulnerable to climate change-induced extreme weather events.

Metrocrest Services (Dallas, TX MSA)

1145 N. Josey Lane, Carrollton, TX 75006 (Dallas, TX MSA)

For more than 50 years, Metrocrest Services (“Metrocrest”) has provided programs for individuals, families and seniors that lead to self-sufficiency and foster independence. Every day, Metrocrest offers a comprehensive bundle of services to address gaps in finances, employment and nutrition to help holistically end poverty for residents of Addison, Carrollton, Coppell, Farmers Branch and the City of Dallas in Denton County.

The Metrocrest Services Bundled Model is a holistic approach that has three areas of focus: Basic Needs (housing stabilization and food), Financial Capability (education and coaching) and Workforce Development (job counseling, GED preparation and certifications/education). Focusing on a client-centered approach, Case Manager Coaches (CMC’s) build trust and empower clients through one-on-one coaching sessions where clients drive the conversations.

With this approach, Metrocrest clients build upon their past successes and are able to construct a stable foundation for their future. A recent survey of clients who sought help in the previous 18-months underscores the success and stability found with the agency’s help: 66 percent of families reported at least 6 months of housing stability after receiving rent assistance and 85 percent reported a better understanding of their finances after working with a case manager or utilizing educational resources.  In FY23, Metrocrest Services assisted 22,006 unduplicated individuals and distributed 3,793,238 meals through its food programs (food pantry and seasonal programs).

Metrocrest Services is committed to building a stronger community together – a thriving community for all.  As the only agency providing a comprehensive approach to social services in northwest Dallas County, Metrocrest is uniquely positioned to provide the tools and resources for individuals, families, and seniors to respond to crises, get out of poverty, and stabilize. Having celebrated its 50th anniversary year in 2021, the Board of Directors turned its focus on the next 50 years. Looking towards the future, Metrocrest developed a plan to increase capacity and improve services and programs through the construction of a new facility to focus on expanded client services and community engagement.

In February of 2024, in partnership with Enterprise Bank, PeopleFund Advisors, and Capital One Bank, Crescent closed on a $15.5M Federal NMTC financing to construct a new facility, which has expanded Metrocrest Services’ breadth of services in the Dallas area. 

The new 48,000 square-foot facility has quickly become the epicenter of Metrocrest Services’ daily operations and includes: expanded case management services, a Center for Employment and Continued Education, an expanded Food Pantry with a new Volunteer Center and allocated space for complementary services.  A Training Kitchen and Teaching Garden is available for community engagement, events, and for special programming.  This increase in capacity will afford Metrocrest multiple opportunities to expand current programs and introduce new services in one central location.

The $19.1M project has already created 5 new FTE positions, while greatly expanding the scope of all Metrocrest’s existing programming.

Circle Seafoods (Aberdeen, WA)

500 N. Custer Street, Aberdeen, WA 98520

Circle Seafoods (“Circle”) is revitalizing Alaska’s wild salmon industry – one of the most healthy, sustainable natural resources in the world – by simplifying and streamlining the cold chain.  Consumers want premium wild salmon year-round at farmed salmon quality and consistency but can’t get it due to a cold chain that hasn’t changed since the early1900s. Wild salmon today is low quality, inconsistent, and only available a few months per year.  Circle is solving this by building and operating mobile, cost-effective, ultra-low temperature fish freezing and cold storage facilities on the water. This results in higher-quality wild salmon produced at a lower cost (-65%), a lower carbon footprint (-50%) and wild salmon supply that is available year-round.

In December of 2023, in partnership with Hampton Roads Ventures, Alaska Growth Capital, CEI Capital Management, and US Bank, Crescent closed on a $23.0M Federal NMTC financing to construct a cold storage facility and a salmon processing facility on top of a barge.  Wild salmon will be purchased and frozen on the barge in Bristol Bay, Alaska and SE Alaska from June to September.  The salmon will then be processed on the barge from September to June in Aberdeen, Washington.

Circle’s model can bring substantial benefit to Alaskan communities by providing year-round processing jobs. The state has supported significant investments in processing throughout Bristol Bay and along Alaska’s west coast. Outside of the salmon fishing season, land-based plants are either shuttered or underutilized because of lack of access to salmon. Circle’s ability to preserve fish quickly during the season and then provide access to supply year-round maximizes these existing investments and offers compelling year-round employment opportunities for the members of these communities.

The mobile infrastructure and business model create additional revenue for Alaskans and their communities through four primary channels:

  • Increased income for all fishers, tied to quality,
  • Increased year-round employment opportunities in economically distressed and rural communities in Alaska,
  • Increased tax revenue
  • Direct fisher education on quality and thus income enhancing practices.

Assuming 20% of Circle’s total supply stays in Alaska for processing, Circle will generate 120 full-time jobs in 2024, 400 full-time jobs in 2025, 840 full-time jobs in 2026, and 1,120 full-time jobs in 2027. Circle estimates that 134 direct jobs and 113 indirect and induced jobs will be created in Aberdeen, WA as a result of the project. Fishers will receive a pay increase, and the project will especially benefit the historically-disadvantaged native populations.

Circle will work with local institutions to train its labor force and in doing so, enable low skilled workers to access higher wage employment opportunities, whether with Circle or elsewhere in the community. Circle will partner with Grays Harbor Technical and to implement and support programs that prepare enrollees to fill high wage and technical jobs (e.g. fabrication, accounting, welding & construction).

Hope Center (San Antonio, TX)

321 N. General McMullen, San Antonio, Texas 78237

SA Hope Center began over 30 years ago as a benevolence ministry of Oak Hills Church. The SA Hope Center became a 501c3 nonprofit organization in 2001 and moved to its current location in the Westside on 321 N. General McMullen Drive in 2005. In 2014, the SA Hope Center’s program model took a shift from a food pantry program to a multi-faceted social service agency.

In 2014, SA Hope Center’s program model took a shift from a food pantry program to a multi-faceted social service agency that addresses the root causes of poverty to help the community become holistically sustainable.

The SA Hope Center has been serving the community on its westside campus in a donated 40+ year old portable buildings previously used for other purposes.  These buildings have been “well-loved” and have served countless thousands over the past 16 years, but are currently falling apart and must be replaced.

In October of 2023, in partnership with PeopleFund Advisors and Capital One Bank, Crescent closed on a $8.0M Federal NMTC financing to construct the new Westside campus, which greatly expands SA Hope Center’s ability to serve the community in their greatest times of need, highlights of which are as follows:

  • 400% increased capacity to provide transformational classes such as workforce training, financial literacy, and Parent University.
  • 190% increased capacity to provide one-on-one case management services to an estimated additional 750 households annually.
  • New counseling room to provide clinical and spiritual counseling services.
  • Kids Club to fill a major gap in programming to ensure parents can focus on gaining new skills while children benefit from social, emotional, and educational programs.
  • Renovated food and clothing services building doubling capacity to provide services and adding climate-controlled storage and a new loading dock.
  • Covered interior courtyards
  • 400% increase in administrative and support staff offices
  • 2 new meeting spaces for visitors, meetings, and overflow programming.

SA Hope Center’s new facility plans on creating 14 jobs during the entirety of the NMTC Compliance Period, 100% of which pay above the living wage rate for Bexar County, Texas, and 100% of which that will offer benefits.

DePaul Community Health Centers (New Orleans, LA)

2801 General DeGaulle Drive, New Orleans, LA and 1629 Westbank Expressway, Harvey, LA

Ascension DePaul Services New Orleans (ADSNO) operates 11 Federally Qualified Health Centers (FQHCs) as DePaul Community Health Centers (DCHC) in the greater New Orleans area that offer an array of primary and preventive services, optometry, dental, pharmacy, and behavioral health. ADSNO has more than 190 years of experience and a very sound relationship in the Metropolitan New Orleans Area, which brings a wealth of knowledge to provide services, care, and best practices for outreach to meet the needs of our vast multicultural community. ADSNO has provided health screenings and outreach services built on health literacy and access to health care for all people, particularly for those who are underserved or experience linguistic and cultural barriers to care and services.

ADSNO’s success is built upon its history and experience in health care in New Orleans since 1834. ADSNO’s history in New Orleans began with its founders, the Daughters of Charity, and their management of Charity Hospital from 1834-1992, ownership and management of Hotel Dieu Hospital from 1859-2015, and ownership and management of DePaul Hospital from 1865 to 1973.  In 2019, Daughters became Ascension DePaul Services of New Orleans.

DCHC’s plan is to create long-term and sustainable ambulatory campus rooted in delivering high quality healthcare and improving the health and well-being of the Metro NO community members. The sites will include primary medical services, behavioral health services, pharmacy, after hours care, urgent care, as well as imaging and lab services. This financing will greatly assist in bringing needed healthcare services to the low-income population.

In May of 2023, in partnership with Stonehenge Community Development, PB Community Impact  Fund, The Community Business Investment Fund, and US Bank, Crescent closed on a $23.0M Federal NMTC financing, to construct two new facilities:.

  • Algiers – A $15.8 million clinic will include primary care, behavioral health, pediatrics, a pharmacy, urgent care, and outpatient diagnostic imaging and laboratory services. This new 20,000 SF facility will replace a nearby leased facility possessing only 1,944 SF, growing ten-fold in size.
  • Harvey – A $4.2 million clinic will include primary care, behavioral health, pediatrics, and a pharmacy. This new 9,400 SF facility will replace a nearby leased facility possessing only 3,750 SF, representing a nearly triple increase in size.

DCHC’s new facilities plan on creating 34 jobs during the entirety of the NMTC Compliance Period.

Center for Transforming Lives (Fort Worth, TX)

2851 S. Riverside Drive, Fort Worth, TX 76119

The Center for Transforming Lives (“CTL”) traces its origins to 1907; under various names its mission has always been to serve women in need. In the 1930s, CTL recognized that it could help most effectively by aiding both women and their children. While the following decades saw CTL’s steady development of a variety of programs and partnerships targeting poor and homeless women and their children, the need for such services increasingly outstripped the ability of the organization to provide them. By the start of the coronavirus pandemic, waiting lists for services were common, and CTL’s 1920s-era building in downtown Fort Worth was poorly located, woefully undersized, nowhere near able to accommodate all of CTL’s services and personnel, and with maintenance costs spiraling out of control.

Notwithstanding its dire facilities needs, CTL today offers a targeted and rare approach to boost poor and homeless women and their children into independence, financial security and, if necessary, psychological well-being. CTL engages with 1,500 Tarrant County families annually; its typical client is an African-American or Hispanic woman with one or two children experiencing poverty or homelessness. Household income for these clients averages only $20,000. Given the effectiveness of its approach, and in light of ever-increasing demand, scaling up became the chief imperative of the organization.

CTL’s board considered several alternatives and decided upon a wholesale relocation to a thirteen-acre site in east Fort Worth. Here, an existing commercial warehouse dating to 1959 will be repurposed into a modern, 102,000 SF facility. The combination of services offered in one location will permit single mothers to access counseling, housing assistance and resources for economic mobility all in one day, with drop-in daycare provided for their children and a robust early childhood education program also on offer.

In May of 2023, in partnership with Capital Impact Partners, People Fund, Pacesetter, McCormack Baron Salazar, and Capital One Bank, Crescent closed on a $39.5M Federal NMTC financing, to construct the Center for Transforming Lives’ planned Early Childhood Education & Economic Mobility Center (Riverside Campus) in Fort Worth, which will enable a quantum leap in capability and capacity for the 115 year-old organization, tackling Tarrant County’s entrenched debilities of high, multi-generational poverty and homelessness via a state-of-the-art facility perfectly sited for optimum accessibility and programmed to shatter the devastating cycle of poverty and homelessness experienced by so many single mothers and their children.

All programming will be organized around CTL’s potent two-generation approach, assisting both women in need as well as their children to disrupt the cycle of poverty and homelessness by arresting its otherwise likely intergenerational perpetuation. Key project elements will include an Economic Mobility Center, an Early Childhood Education Center, a Housing Connections Center, Counseling Rooms, and Play Therapy Spaces for children.

When complete, the new facility will increase childcare availability by 57%, grow by 27% the number of homeless women to be served, boost the capacity of economic mobility services by 65%, and provide to clients and the surrounding community a suite of behavioral health services currently unavailable. 52 new jobs will result, and 119 jobs will be relocated to the new campus.

St. Thomas Community Health Center (New Orleans, LA)

2000 Magazine Street, 3500 Holiday Drive, New Orleans, LA

St. Thomas Community Health Center (“St. Thomas”) was founded in 1987 by a small group of members of the Catholic and Episcopal religious communities, including Dr. Donald T. Erwin, who continues as the CEO today. The clinic began operations in the former St. Thomas Housing Development in the Irish Channel, moved to its current main clinic location on Magazine Street in 1991, and today has expanded to multiple locations throughout the Greater New Orleans area, on both the East and West banks of the Mississippi River.

STCHC offers a full range of healthcare services that includes primary care, pediatrics, perinatal care, mental health counseling, optometry services and women’s health care. STCHC also offers specialty care in the areas of child and adult psychiatry and counseling, gastroenterology, rheumatology, and cardiology. Of the community-based health care centers in New Orleans, St. Thomas is one of only a few providers with a dedicated team of infectious disease specialists, working to treat and prevent the spread of diseases like HIV and Hepatitis C. STCHC patient base is 86% minority, and 6 out of 10 board members are minority as well.

True to St. Thomas’ mission of providing health care services for those who need it most, St. Thomas’ overall clinical payer mix is 60.1% Medicaid, 19.1% Medicare, 9.2% commercial insurance, and 11.6% uninsured.  The vast majority of St. Thomas’ patients are Black, with a growing Latinx patient population.  Annually, St. Thomas (STCHC) serves approximately 20,000 distinct patients and handles approximately 76,000 patient visits.

In May of 2023, in partnership with Gulf Coast Housing Partnership and US Bank, Crescent closed on a $5.5M Federal NMTC financing, and in March of 2024, in partnership with Enhanced Capital Partners and US Bank, Crescent closed on a $5M Louisiana State NMTC financing to construct two new facilities to significantly expand services and improve accessibility:

  • Garden District – A $5.1 million clinic will include primary care, behavioral health at the site, pediatrics, access to the pharmacy next door at 2010 Magazine, women’s health, access to other services located across the street at 1936 Magazine Street and 1020 St Andrew including infectious diseases, optometry and mammography services. This new 6,092 SF facility is expected to serve 7,680 patients and handle approximately 19,200 visits on an annual basis.
  • Algiers – A $1.8 million clinic will include primary care, behavioral health at the site, pediatrics, and women’s health. This new 4,596 SF facility is expected to serve 4,800 patients and handle approximately 12,000 visits on an annual basis.

Without the NMTC financing it may otherwise be less fiscally viable to pursue such an initiative.  This financing will greatly assist in bringing needed healthcare services to the low-income population. St. Thomas’s two new facilities plan on creating 17 to 22 new jobs as a result of the project.

University Charter School (Livingston, AL)

108 North Street, Livingston, AL 35470

University Charter School (“UCS”) is a non-profit charter school that first received charter authorization from the Alabama Public Charter School Commission on 10/26/17, serving PreK-8th grade.  UCS has a place-based and STREAM (Science, Technology, Reading, Engineering, the Arts and Math) curriculum with an emphasis on college and career readiness, community partnership, and technology integration to provide a balanced learning environment. 

The school currently operates out of a building on the University of West Alabama campus that it shares with the Department of Education.  UWA College of Education undergraduates routinely participate in the UCS K-12 in-class curriculum, providing UCS teachers with unparalleled professional development opportunities.  Furthermore, UCS 9-11th grade students earn Dual Enrollment (DE) credits by taking UWA courses, earning up to 40-48 college credits prior to their high school graduation.  UCS students pay half the UWA tuition for the DE classes, and so far, UCS has been able to offer scholarships for most of its students to cover these costs. 

As UCS’ enrollment has grown, however, the shared building space has become increasingly insufficient for the Charter’s needs.  Additionally, the University desperately needs UCS to expand to offer a full PreK-12 curriculum so it can attract and retain strong professorial candidates, who view strong, local K-12 schools as a necessity when considering relocation. 

In April of 2023, in partnership with Empowerment Reinvestment Fund, National Community Fund, United Bank, and PNC Bank, Crescent closed on a $31.9M Federal NMTC financing to construct a new 70,000 SF school facility that will provide adequate space for the Charter to grow into a full PreK-12th grade enrollment.  The new facility will allow UCS to increase its enrollment from 578 to 700, and provide 20 general instruction classrooms, office/meeting space, a cafeteria with a Farm-to Table Educational Garden, and a gymnasium/auditorium. 

The building design includes multiple elective and lab spaces that can house fine arts, visual arts, computer and health sciences, foreign languages career training education, literacy STREAM and various support labs for core curriculum coursework.  A special needs classroom and related support spaces are also included in the design.  Finally, the newly-constructed school will also offer students a full-size gymnasium that can be converted into an auditorium, as well as locker and storage room areas, and weight room. 

UCS’ enrollment is 51.9% minority, and 52.8% eligible for free or reduced lunch, and the school will be the only PreK-12 school in the area.  Furthermore, the University of West Alabama relies heavily on UCS as a vital cog in its efforts to attract top-notch professorial candidates to Livingston. 

The new school facility is expected to increase total FTE’s by 20-40 over the 7-year compliance period.  This NMTC subsidy will provide UCS with the additional equity necessary to build up to 6 additional classrooms, which would allow the entire enrollment to fit in the new facility.  As currently designed, the new school building could hold grades 4-12 only. 

Autism Community Network (San Antonio, TX)

535 Bandera Road, San Antonio, TX 78228

Autism Community Network (ACN) was founded in 2008 through a consortium of healthcare funders led by Palmer Moe and the Kronkosky Charitable Foundation. The primary purpose of ACN is to improve the health and quality of life of children with autism by providing early, uniquely tailored diagnostic services to children suspected of having autism, therapies to families impacted by autism, and support through training for caregivers and providers whose interaction with autistic children is critical to their success.  Additionally, ACN works diligently to educate the community about autism and to the best of their ability, the experience of the impacted family and autistic individual.

ACN serves children ages 0-7 through its clinical diagnostic program, and ages 0-9 for occupational therapy and speech language therapy.  The organization currently offers the following programs (a) diagnostic services for children, (b) therapies for children and families affected by autism, (c) classes for caregivers affected by autism, (d) professional development for professionals serving children with autism, (e) continued care coordination, (f) community outreach and awareness, (g) quality of life programming (Camp AUSOME!, Family Events, Community Collaborations). 

ACN is currently one of two agencies serving the Medicaid populations in Bexar, and surrounding counties, with clinical diagnostic services. ACN’s current waitlist is 6 months for their Earliest Connection Clinic (0-29 months of age) and 18 months for their Diagnostic Clinic (30 months to 6 years of age). 

Since its inception in 2008, ACN has served over 27,000 individuals – an estimated 75% of whom are Medicaid eligible.  In 2021 alone, ACN served 2,150 children, caregivers and other professionals through its unique programming options, 85% of whom are below the poverty line. 

In March of 2023, in partnership with Broadstreet Impact Services (formerly Local Initiatives Support Corporation), Crescent closed on a $5.5M Federal NMTC financing to purchase, renovate and expand an existing facility into the new home of the Autism Community Network (“ACN”).  The new 10,346 sf ACN headquarters facility will provide the organization with adequate clinical space to serve a growing referral base, as well as a large sensory gym, a playground and a community center. 

The new facility will decrease ACN’s diagnostic waitlist by 3-6 months, increase the amount of therapy offerings, expand education and training for autism service providers and caregivers and improve upon quality-of-life offerings by including appropriate play areas, both indoor and outdoor, for the autistic community, all in a safe, sensory-friendly and warm facility.

The NMTC net benefit will provide ACN with the ability to reduce its fundraising target by nearly $650K and facilitate ACN’s expansion of its existing programming by 63% over the next five years.  The project is expected to create at least 10 FTE’s over the next 7 years.

Fisk University (Nashville, TN)

1000 17th Avenue N, Nashville, TN

Conceived in the hopeful aftermath of the Civil War to help satisfy the enormous demand for education on the part of Black Americans, Fisk University opened its doors on January 9, 1866. In subsequent decades Fisk University went on to bequeath to the nation a string of graduates constituting an unremitting procession of African-American firsts, including W.E.B DuBois, sociologist and the first Black recipient of a PhD from Harvard (1896); St. Elmo Brady, the first Black recipient of a PhD in Chemistry (1916); Hettie Love, the first Black female to graduate with an MBA from the University of Pennsylvania’s Wharton School (1947); Mahala Dickerson, the first Black woman attorney admitted to the Alabama State Bar (1948); and Etta Falconer, the first Black woman to earn a PhD in Mathematics (1969). Today, over 1,000 undergraduates and graduate students are enrolled at Fisk University.

And yet while Fisk’s commitment to academic rigor and minority opportunity has never flagged, African-Americans as a whole remain disproportionately poor and suffer from higher rates of violent crime, inferior health outcomes and lower levels of educational attainment than the average American.

Fisk University is keenly aware of these yawning disparities but has been focused until recently on putting its own house in order. Conscientious leadership and hard work in the new century have righted the ship, allowing Fisk to embark upon a bold plan of enrollment growth, career support for its graduates, and unprecedented engagement with its surrounding, deeply disadvantaged community.

Fisk University is planning four projects to grow enrollment and retention, boost career development and embark upon unprecedented engagement with its surrounding, highly-distressed low income community, including the following:

  • Academic Excellence & Student Performance Center
  • Roland Parrish Career Center
  • Hope-Franklin Library
  • Driskell House (Social Justice/Race Relations)

In January of 2023, in partnership with Hope Enterprise Corporation and Wells Fargo Bank, Crescent closed on a $7.5M Federal NMTC financing which generate eight new permanent jobs, retain a further eight positions and increase enrollment by an estimated 15%.

Girls Inc. (San Antonio, TX)

2214 Basse Road, San Antonio, TX

The mission of national non-profit Girls Inc. and its affiliates is to serve girls and young women ages 6-18 by fostering long-term mentoring relationships within safe spaces for girls to develop their strengths and take charge of their futures. Girls Inc. deploys an evidence-based, pro-girl model to address the systemic barriers that hold young women back today. Within pro-girl, girls-only safe spaces, Girls Inc. teaches young women to be Strong, Smart and Bold.

  • Strong – Programming that teaches nourishing habits, including stressing the importance of positive choices, a healthy diet, rest and self-care, to create the resiliency essential for future accomplishment.
  • Smart – Programming that prepares girls for fulfilling work and economic independence. Specific career opportunities and pathways are described, with a focus on STEM fields that experts believe will offer the largest number of highly-remunerative professions for which demand is growing – professions in which women continue to be underrepresented. Girls Inc. also provides access and opportunities for young women to meet and learn from female role models and community leaders. This exposure demonstrates to young, underprivileged women that women can and do succeed in all realms.
  • Bold – Programming that fosters positive self-image and intellectual confidence, encouraging girls to develop and use their voices. Girls Inc. wants to see young woman become comfortable taking risks, learning from mistakes, and growing.

In 2004, Girls Inc. inaugurated its San Antonio chapter. A majority of its participants come from impoverished communities of color, with program attendees almost exclusively Hispanic.  These young women struggle, growing up in neighborhoods affected by violence, in under-resourced schools, and without access to adequate nutrition or healthcare. Birth rates among teenage young women of color are twice as high as among white teens.

In 2020, sixteen years after its establishment in San Antonio, Girls Inc. acquired a permanent headquarters facility, enabling a quantum leap in its capacity and capabilities.

In September of 2022, in partnership with Texas Mezzanine Fund, and Chase Bank, Crescent closed on a $9M Federal NMTC financing which will enable Girls Inc. of San Antonio – eighteen years after its establishment – to complete and fully equip its new headquarters and youth activity campus, providing a safe space for San Antonio’s underprivileged young woman of color to develop their strengths, learn from mistakes, and take charge of their future, according to the proven Strong, Smart, Bold model.

The completed campus will rank as a vanguard initiative designed to recover ground lost during the pandemic, during which time narrowed horizons, academic underperformance, violence and abuse have proliferated among San Antonio’s disadvantaged young women of color. The new Girls Inc. campus will double the number of young women attending the evidence-based programming offered by Girls Inc., from 2,500 annually to 5,000 annually. FTE staff numbers will double as well from 15 to 30.

Jefferson Community Health and Life (Fairbury, NE)

2200 H Street, Fairbury, NE

Jefferson Community Health & Life was established in 1963 as Jefferson County Memorial Hospital and Nursing Home, the first hospital/nursing home combination in the state of Nebraska. The facility has grown over the years, adding a home health agency in 1984, a community wellness center in 1996, expanding outpatient services throughout the years, and adding the Fairbury Clinic in 2016, and opened the Plymouth Clinic in 2018. Through its 50-plus-year history, Jefferson Community Health & Life has been very active and involved in its community, and has worked to promote health and wellness. Currently 20 visiting specialists utilize this space each month, allowing area residents the opportunity to receive specialty care locally.   JCHL operates two rural health clinics offering primary care services by 9 employed providers.

In Nebraska, nearly 30 percent of the state’s population resides in rural areas like Fairbury and its surrounding communities.  JCH&L faces a unique combination of rural forces not faced by their urban healthcare peers, such as continuing health provider shortages, limited access to specialty care, disparate socioeconomic factors, and higher rates of obesity, hypertension, suicide, and death by serious injury.

In August of 2022, in partnership with Hampton Roads Ventures, and US Bank, Crescent closed on a $9M Federal NMTC/$9M Nebraska State NMTC twin financing for the expansion of the Jefferson Community Health and Life Critical Access Hospital..

The expansion includes 23 exams rooms, 2 special procedure rooms, a radiology room, and a specialty room for COVID and flu patients.  JCH&L currently employs 192 FTEs and this expansion will create 10 new full-time jobs ranging from nursing to support staff as well as laboratory technicians.  65% of JCH&L’s patients are Medicare/Medicaid, and this addition is expected to grow Medicare/Medicaid services by nearly 10% from 2022-2026.  Additionally, the subsidy from the transaction will enhance JCH&L’s liquidity in funding ongoing services for the hospital.

Community Food Bank of Eastern Oklahoma (Tulsa, OK)

1304 N. Kenosha Avenue, Tulsa, OK

CFBEO is Feeding America’s designated food bank for the twenty-four county region of eastern Oklahoma centered around Tulsa. In 2019, the food bank distributed a record 28.9 million pounds of food.

In 1981, in response to the rising number of people struggling with hunger, Tulsa’s Neighbor for Neighbor feeding program evolved to become the Tulsa Community Food Bank. Operating from a small, donated warehouse space, in year one the food bank provided food assistance to 25 partner agencies and distributed 90,000 pounds of food, the equivalent of 75,000 meals.

In 2006, the Food Bank opened its current facility, the Donald W. Reynolds Food Distribution Center. That year the Food Bank distributed 7.5 million pounds of food, a record at the time.

Since its founding, the food bank has also steadily grown its service area and has continued to expand the scope of its services. Programs include on-site feeding programs, emergency shelters, emergency food pantries, children and senior feeding programs, veterans’ outreach initiatives, disaster relief and other low-income programs that have a meal component. All of these programs provide food free of charge to people who struggle with hunger in the community.

The food bank’s work also includes direct feeding programs such as Cooking Matters, Food for Kids, and Senior Servings, as well as clinic pantries, mobile pantries, and culinary center and college campus pantries. Collectively the Community Food Bank of Eastern Oklahoma coordinates more than 380 direct feeding sites.

In 2019, the food bank distributed a record 28.9 million pounds of food, the equivalent of more than 24 million meals, to the hungry. The food bank distributes food via both direct programs and through 350 partner agencies, located in the 24 counties of eastern Oklahoma that comprise nearly 30,000 square miles and contain a population of more than 1.5 million people.

Despite these ongoing successes, CFBEO’s distribution center has been bursting at the seams for years. At 78,000 square feet, the facility was designed to have the capacity to distribute 20 million pounds of food annually.

In February of 2022, in partnership with Hampton Roads Ventures, Heartland Renaissance Fund and Capital One, Crescent closed on a $16M NMTC financing to construct the new Community Food Bank of Eastern Oklahoma.

CFBEO will add 66,000 SF to CFBEO’s existing 78,000 SF facility, increasing its design capacity from 20 million pounds of food distributed annually to nearly 52 million pounds of food distributed annually. Even though improved workflows will greatly boost the productivity of CFBEO’s existing workforce, additional hiring will be needed, resulting in nine permanent new positions. Approximately 250 construction jobs will also be generated by the facility expansion component of the Build Hope campaign. A new 12,500 SF food preparation kitchen will enable the growth in prepared meal distribution, and fresher, more nutritious offerings will be made available.