INNOVATING FOR IMPACT

Discover the 2024 TCB Impact Report

Neighborhood Investments

We use New Markets Tax Credits and commercial retail space to invest in assets and entrepreneurs that provide healthy foods, education, retail and recreation, close to home.

$315M

Total Allocation

12

States Served,
Plus the District
of Columbia

500K+

Sq. Ft of Neighborhood
Commercial Space

Ellis Arts and Recreation Center

Chicago, IL

Arts and Recreation

Ellis Arts and Recreation Center

2016

Completion

32K+

Sq. Ft. Facility

Located on Chicago’s South Side, the Arts and Rec Center at Ellis Park includes a full-size gymnasium, an indoor pool, art and education club rooms, a fitness center and studio, music and theater performance spaces, and space for after school programs for local elementary and high school students.

Supported with New Markets Tax Credits from The Community Builders, the 32,482 square foot facility includes the first swimming pool in the greater Oakland, Douglas and Bronzeville neighborhood.

The School at Marygrove Elementary

Detroit, MI

Education

The School at Marygrove

2022

Completion

53

Acre Campus

The School at Marygrove building serves grades K-5 and plays an important role in establishing a foundational, collaborative educational environment. Classroom spaces provide the space needed to enable a first-class education and provide visual transparency to common spaces throughout the school to foster the teaching mission of the P-20 vision.

As students move through the grades in The School at Marygrove, they encounter increasingly open and flexible common spaces that allow the educational activities to expand from the defined classroom spaces into open and dynamic group settings. Color plays an important role in establishing unique identities for individual classrooms and creating a collective palette aligned with the broader educational campus.

Fine Fare Supermarkets

Bronx, NY

Healthy Foods

shop fair supermarket

2023

Completion

11K

Sq. Ft. Supermarket

Located on the ground floor of TCB’s Park Haven Apartments in New York City, Shop Fair Supermarket opened in 2023 with a fresh selection, cultural favorites and affordable prices. The vibrant 11,000 square foot store serves TCB residents and the diverse Mott Hill neighborhood.

With a portfolio of over 500,000 square feet of neighborhood commercial real estate, TCB is building stronger neighborhoods through affordable commercial leases and direct assistance to small and minority-owned businesses.

Horizons for Homeless Children

Boston, MA

Community and Commercial

Horizon Children

2021

Completion

129K

Sq. Ft. of Rentable Space

Completed in 2021, the Horizons/Watermark Center created a centralized location for social services and initiatives serving low-income children, youth, and families.

Financed in part by our New Markets Tax Credits, the facility houses youth and family-oriented non-profit services with 129,000 square feet of rentable space in the Roxbury neighborhood of Boston.

Altgeld Family Resource Center

Chicago, IL

Mixed-Use

altgeld family

2020

Completion

40K

Sq. Ft. Facility

This 40,000 square foot multi-use facility developed by TCB provides a public library, child care center, and community meeting spaces improving non-residential services and amenities within the Altgeld Gardens/Murray Homes community.

This project was the final phase of the Chicago Housing Authority’s community master planning effort for the Altgeld/Murray community. It enhances the community amenities for the residents ensuring access to opportunities that lead to self-sufficiency and success.

CONTACT US

Malik Aziz
Senior New Markets Tax Credit Manager

[email protected]
857.221.8638

Gabrielle Ritter
Commercial Leasing

[email protected]
857.221.8642