Indy CDE financed the construction of the new Avondale Meadows YMCA with a $17 million NMTC loan. 

The facility provides residents with access to health, wellbeing, and educational resources. The facility continues to serve as an anchor to continued economic and community growth in a severely distressed neighborhood.

Indy CDE financed the modernization of a 66,000 square foot facility into Riverside High School with a $9.3 million NMTC loan.

Riverside High School, the second campus of four Indianapolis Classical Schools, has provided over 575 low-income students with a transformative classical education each year. Riverside provides students with the foundation to continue their studies at the university level and beyond.

Indy CDE financed the construction of a 50,000 square foot community center with a $10 million NMTC loan. 

OrthoIndy Foundation YMCA serves a diverse population of approximately 17,000 people on Indianapolis’ west side by the International Marketplace. The community center provides a wide range of health, gathering, and childcare facilities previously unavailable. Additionally, the facility dedicates a 5,000 square foot space to provide medical services to underserved veterans.

In partnership with a group of government and community organizations, Indy CDE partially financed the PR Mallory Campus’ complete rehabilitation with a $17.45 million  NMTC loan. Historic Tax Credits and Industrial Recovery Tax Credits generated additional capital to finance the project.

The PR Mallory Campus, in the Indy East Promise Zone, remained vacant for over 30 years The exciting restoration transformed the aging and vacant building into a usable space while preserving its historic character. 

The building now houses Purdue Polytechnic Highschool and Paramount Middle School serving approximately 1,000 students and employing 200 teachers and support staff.

Indy CDE financed the Wheeler Mission Center for Women & Children’s expansion on Indianapolis’ Eastside with a $9 million NMTC loan.

Wheeler Mission has been assisting Indianapolis residents facing homelessness for over 125 years. The organization regularly receives over 700  monthly requests for beds from women.  This facility increases Wheeler Mission’s capacity to provide safe shelter and supportive services to women and children by adding 164 new beds.

Indy CDE partially financed the construction of a new training center with a $5 million NMTC loan.

Ivy Tech provides low-income residents in Indianapolis and throughout Indiana with a wide range of vocational training. The Center provides students with hands-on training in automotive maintenance, equipping them to fill an estimated 1,500 high-quality job openings in Indiana each year. Sixty-six percent of the program’s students are low-income individuals.

Indy CDE financed the construction of RecycleForce’s new recycling facility with $13 million in NMTCs.

Since 2006, RecycleForce has employed over 2000 men and women with justice system involvement, 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.

Indy CDE financed Indianapolis Neighborhood Housing Partnership’s for-sale affordable housing development with $8 million in NMTC. The City of Indianapolis also contributed $1.8 million of American Rescue Plan Act dollars to this project.

With this investment, INHP will be able to construct at least 21 new townhomes of which 51% will be sold to homebuyers making more no more than 80% of the area median income.

Indy CDE financed Damien Center’s new three-story, 56,000 square-foot building through $7.95 million in NMTC. Damien Center received an additional $19.75 million in NMTCs from two other CDEs.  The new facility will enable Damien Center, the County’s principal nonprofit provider of HIV/AIDS care, to expand and enhance medical and supportive services, including housing a medical clinic, dental clinic, pharmacy, and case management services for the 6,000 individuals, 90% of whom live in poverty, the Center serves and will allow for services for up to 17,000 at full capacity. The project would create 105 quality permanent jobs, 108 construction jobs and can serve more than 15,000 unique (unduplicated) individuals. The project is in a Medically-Underserved Area in the Indy East Promise Zone.