About this Project
Date Closed: September
Total Project Cost
New Markets Tax Credit Investment
Indy CDE financed the construction of RecycleForce’s new headquarters and recycling facility with a $13 million New Markets Tax Credit investment. Indy CDE also worked with the City of Indianapolis to donate 7.5 acres for the project. The facility will be the first new construction on Sherman Park, a 50-acre former industrial site, and brownfield on Indianapolis’ Near Eastside. The new facility will include 102,500 sq. ft. of manufacturing space and office space with the option to build out an additional 10,000 sq. ft. of office space on the 2nd floor.
RecycleForce is going home to the site where they began their operations with Keys2Work in 1996. RecycleForce recycles electronic waste and has recycled more than 90 million pounds of waste since 2006. In addition, the organization provides transitional jobs to returning citizens with the goal of securing and obtaining permanent employment. Employees are also offered comprehensive job skills training and personal counseling. The new facility will also allow RecycleForce to bring outside support services onsite for their employees.
Since 2006, RecycleForce has employed over 2000 men and women, providing industry-recognized training and certification, on-the-job training, and job placement services. RecycleForce employees also have access to and participate in: professional and peer mentoring; high school equivalency and literacy tutoring; assistance with housing and driver’s license reinstatement; substance abuse and mental health counseling; tax preparation, budgeting, and financial literacy training.
RecycleForce provides job opportunities to people with prior justice system involvement and has recycled more than 90 million pounds of waste since 2006.