South Beach Psychiatric Center Awards Financial Services Contract to Bogopa 207 Inc (July 2026)

Empire State New Market Corporation approved a sub-allocation of up to $8 million in New Markets Tax Credits to an ESNMC Subsidiary CDE to finance equipment, inventory, and working capital for Bogopa 207, Inc.'s 38,000-square-foot grocery store in Inwood, New York. The board authorized adoption of the General Project Plan and execution of all necessary transaction documents.

Scope & details

The full contract record, as filed.

Contract amount

up to $8,000,000 in NMTC authority

Contract type

FINANCIAL_SERVICES

Contract term

Seven-year NMTC compliance period (standard NMTC structure)

Renewal

Standard NMTC structure implies a seven-year credit and compliance period following the Qualified Equity Investment; any modification to allocation round or terms may be made by the President or designee under the resolution.

Document type

AgendaPacket

Source document

Empire State New Market Corporation Agenda Packet 2026-07-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Beach Psychiatric Center?

Bogopa 207 Inc was awarded this financial services contract by South Beach Psychiatric Center, as recorded on July 8, 2026. The contract value is up to $8,000,000 in NMTC authority.

How much is the Bogopa 207 Inc contract with South Beach Psychiatric Center worth?

The Bogopa 207 Inc contract with South Beach Psychiatric Center is valued at up to $8,000,000 in NMTC authority, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Empire State New Market Corporation Agenda Packet 2026-07-08 (AgendaPacket), dated July 8, 2026 from South Beach Psychiatric Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bogopa 207 Inc hold?

Bogopa 207 Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bogopa 207 Inc's profile

What is South Beach Psychiatric Center currently buying?

Explore South Beach Psychiatric Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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