Reinvestment Fund to leverage Antonucci NMTC project

Reinvestment Fund is expected to supply about $10.1 million in leverage debt to the NMTC investment fund supporting ESNMC’s $14 million Antonucci Wholesale Foods transaction. The loan will bridge public grants and historic tax credits to finance QLICI loans for the Gloversville food distribution facility.

Scope & details

The full contract record, as filed.

Contract amount

approximately $10,075,800 Fund Loan (leverage debt)

Contract type

FINANCIAL_SERVICES

Contract term

Aligned with seven-year NMTC structure; specific loan maturity not stated

Renewal

Leverage loan expected to run through the NMTC compliance period; detailed amortization and renewal terms not provided in the agenda.

Document type

AgendaPacket

Source document

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

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Reinvestment Fund was awarded this financial services contract by South Beach Psychiatric Center, as recorded on July 8, 2026. The contract value is approximately $10,075,800 Fund Loan (leverage debt).

How much is the Reinvestment Fund contract with South Beach Psychiatric Center worth?

The Reinvestment Fund contract with South Beach Psychiatric Center is valued at approximately $10,075,800 Fund Loan (leverage debt), 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 Reinvestment Fund hold?

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

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What is South Beach Psychiatric Center currently buying?

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