What We Do

Serving low-income persons and communities by utilizing the New Markets Tax Credit to spur private investment in severely distressed underserved neighborhoods

100%

Projects in Areas of Higher Distress

$620+M

NMTC Allocations

1.1+ Billion

Total Development Costs

11,250+

Full Time Jobs Created

Outcomes

Houston Food Bank

HFB will use UDF’s investment to build expanded production kitchen facilities to feed more hungry and food insecure children. Relocating and expanding the kitchen will quadruple the number of meals served per day from 4,000 to 16,000.

Big Brothers Big Sisters

Due to UDF’s investment, BBBSGMV will be able to serve 5,000 children annually.  The project created 25 permanent jobs and 52 temporary construction jobs.  All employees receive health care benefits, and BBBSGMV estimates that 75% of the employees are low-income at the time of hire.

Chicago Lakeshore Hospital

Expected to create 75 construction-related jobs and 70 full time jobs due to operations. It will stabilize a portion of the city which has been reduced to a vacant lot and a vacant buildings while helping an at-risk and under-represented group—emotionally disturbed and special needs low-income children.