Carver Community Connection

New Market Tax Credit Projects

Carver Community Development Corporation (CCDC) received a $59 million tax credit allocation in November 2006 as a designated Community Development Entity (CDE) through a competitive application process. Through this tax incentive, CCDC was able to provide innovate financing totaling $50 million to advance our community. These projects are creating and retaining jobs, providing affordable commercial space and medical facilities, and providing working capital to local non-profit organizations and developers.

• Renaissance Project - CCDC provided a pre-development loan to the Abyssinian Development Corporation for demolition and soft costs associated with the redevelopment of the famed Renaissance Ballroom located in Harlem, New York, creating a critical community project that when completed will bring newly constructed housing, retail services, parking and community cultural space to the historic Striver's Row neighborhood.

• Hale House - CCDC provided a working capital loan to this New York City non-profit corporation engaged in serving children and families in need. The loan will be utilized for operations and expansion of their program services within low-income communities in Harlem, New York.

• Citicare - CCDC provided an acquisition and renovation loan to a small developer. The funds enabled the developer to provide more-affordable rents to a local medical provider that is consolidating several offices and expanding its total footprint, thereby expanding medical services to the community.

Carver Financial Literacy Center

The Financial Literacy Center is located at 300 West 145th Street, Manhattan. (at the corner of Bradhurst Avenue and West 145th Street.)

For more information about seminars or counseling, please call 212-360-4798 or email us at carverliteracycenter@carverbank.com.

Hours:

Tuesdays: 5:30 p.m. - 7:30 p.m.
Thursdays: 11:00 a.m. - 1:00 p.m.
Fridays: 3:30 p.m. - 5:30 p.m.

Carver Corporate Contributions

Contacting Us:

When sending electronic mail to Carver Community Development Corporation, please be sure to include your e-mail reply address in the body of your message. This will facilitate our timely response to your request.

Carver Community Development Corporation Advisory Board Members

Earl Andrews
Jeffrey Dunston
Katherine Gray
Richard T. Greene Jr.
Theodore Jefferson
Rhonda Lewis
Dr. Marcella Maxwell
Cathy Mickens
Tonya Ores
Rev. Reginald Williams
Deborah C. Wright

The Carver Photo Gallery presents various images of Carver's team in action in the community.