“Bringing New Markets Tax Credits to the Non-Profit Community”

Community Development Entity Projects

Community Funding Group was founded with the mission to provide NMTC financing to nonprofit human service agencies within Washington and Oregon. CFG has placed its $30 million in NMTC allocation into projects that address substance abuse, food insecurity, medical care, and family sustainability, and child education.

Community Funding Group believes that such projects, with their direct and effective impact on the low-income community residents, are what the NMTC program is disigned to assist.

Clark Family Center — Catholic Charities Regional Headquarters

The four story, 61,000 square foot Clark Family Center will consolidate nine existing programs from five sites along with administration, as part of a larger community revitalization effort.

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Rose Quarter Hooper Center — Detoxification Center and Affordable Apartments

The Rose Quarter Project is the adaptive reuse of a five-story hotel, built in 1965. New Markets Tax Credits helped finance a drug and alcohol detoxification center for homeless men and women.

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Regional Service Center — Community Healthcare Provider

This new building is the regional service center for a community healthcare provider. The three story, 42,000 sq ft office building will be home to a 7,000 sq ft health center, approx 5,000 sq ft of retail on the ground floor and the provider's headquarters on the 2nd and 3rd floors.

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ORRCA — Oregon Coast Community Action

ORCCA built a $9.8 million project that replaces and consolidates its services. A two-building campus built on 5 acres, it entails a food-bank distribution center, serving 8 satellite food banks, and 33 pantries within its service area; a Head Start school with 7 classrooms, consolidating rented locations serving 150 children of low-income families; and family service center providing support counseling and assistance to those in need.

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