NMTCs help Market Square to bring more food businesses to Cincinnati community
In Cincinnati’s Over-the-Rhine neighborhood, Market Square will be a welcome mixed-use redevelopment with housing, office, and retail, including healthy food options. The project, which calls for the complete renovation of 12 blighted, vacant buildings, will further revitalize a section of Over-the-Rhine that has lagged behind other parts of the community in development. The $19 million […]
Read MoreMilwaukee’s Next Door renovates second center for children in Head Start program
In an area where nearly 30 percent of households live below the federal poverty line, Next Door provides critical early education and parental support to families on Milwaukee’s north side. Renovations at its second main center — a former hospital building — continue this year with crews remodeling the entire second floor. The expansion will add six […]
Read MoreSojourner Family Peace Center opening draws Milwaukee officials, supporters
On February 4, community leaders and members of the public gathered at Sojourner Family Peace Center for its grand opening. In addition to Sojourner Executive Director Carmen Pitre, Milwaukee Mayor Tom Barrett, Assistant Police Chief James Harpole, and District Attorney John Chrisholm spoke at the event. The facility is the nation’s most comprehensive center to […]
Read MoreCenter for Family Medicine in Springfield, IL, expands to meet growing demand
Southern Illinois University’s Center for Family Medicine soon will be able to satisfy a growing demand for health care services in the Springfield area. In an area with a 42.4 percent poverty rate and an 18.2 percent unemployment rate, CFM’s services are highly sought after. CFM is a federally qualified health center, providing services to patients who […]
Read MoreXS Tennis to serve more players through larger facility on Chicago’s south side
XS Tennis and Education Foundation serves over 2,000 underprivileged students across Chicago neighborhoods, from Bronzeville to Woodlawn. Its new athletic and academic center will double the number of Chicago Public Schools as well as participants in the program, and create an estimated 50 jobs. XSTEF, which trains more nationally recognized minority tennis players than any other organization […]
Read MoreKansas City’s Guadalupe Centers moves high school to larger, improved location
Four hundred high school students in Kansas City, MO, will attend class this fall in a facility larger by 65 percent as a result of growing demand for Alta Vista Charter School. Primarily serving English language learners and low-income students, Alta Vista has a great curriculum, with its students achieving the highest math scores of any […]
Read MoreNoble Network celebrates grand opening of first STEM academy among campuses
Community leaders and public officials including Gov. Bruce Rauner gathered April 17 for the grand opening of the ITW David Speer Academy, the first science, technology, engineering, and math high school in Chicago’s Noble Network of Charter Schools. The Belmont Cragin area school, which opened in August 2014 to a founding class of nearly 300 freshman, […]
Read MoreChicago’s Quad Communities Arts and Recreation Center holds groundbreaking
The February 20 groundbreaking for the Quad Communities Arts and Recreation Center (QCARC) drew an enthusiastic crowd, including Chicago Mayor Rahm Emanuel, Alderman Will Burns, and other high-profile officials. QCARC will serve as a community anchor in Chicago’s Oakland neighborhood. In addition to creating 12 full-time jobs, the center is expected to attract 50,000 visitors […]
Read MoreOne Hope United’s Joliet center made possible through state grants, NMTCs
One Hope United’s (OHU) Joliet Early Learning Center will open in March, thanks to an Illinois state grant and $15 million in new markets tax credits (NMTC) that were finalized last fall. Early in the process, IFF worked with OHU on its successful application for a $3.1 million state grant from the Capital Development Board […]
Read MoreSt. Ann’s Center for Intergenerational Care replicates model in Milwaukee
Milwaukee’s St. Ann’s Center for Intergenerational Care is copying its successful south side facility with a second location on the north side, where the rates of poverty and infant mortality are high and most residents are people of color. St. Ann’s serves seniors including those with dementia, people with disabilities, and children all at the same site. […]
Read MoreLoan to Detroit Achievement Academy paves way for more lending in Michigan
Detroit Achievement Academy (DDA), IFF’s first loan client in Michigan, is in the spotlight following Madonna’s June 30 news that she will contribute to three organizations in the city, including the charter school. The pop star will provide DDA with new equipment and art and music supplies, including speakers, iPods, iPads, and Smart Boards for each classroom. IFF’s […]
Read MoreProfile: Wyman B. Winston, Executive Director, Wisconsin Housing and Economic Development Authority
Wyman B. Winston was appointed to the top position at the Wisconsin Housing and Economic Development Authority (WHEDA) in January 2011. WHEDA and IFF have worked together since 2016 to co-finance affordable housing projects in Milwaukee, Dodgeville, and Sheboygan. Under Mr. Winston’s leadership, WHEDA’s mission is to meet the state’s affordable housing needs while fostering business growth […]
Read MoreApartment complex continues Historic Mitchell Street district revitalization
A historic building on the Mitchell Street corridor will undergo redevelopment as part of the city of Milwaukee’s commitment to improving the area. The vacant former Hill’s department store will be converted into 60 new apartments, along with the new location of the Forest Home Public Library branch. Historic Mitchell Street — once a regional […]
Read More