USBCDC equity for rural Walgreens NMTC financing
South Beach Psychiatric CenterPublic Hospital · Staten Island, NY- Disclosed value
- approximately $4,149,600 in NMTC equity investment
- From agendapacket
- Document date
- Jul 8, 2026
The 30-second brief
U.S. Bancorp Community Development Corporation is expected to contribute roughly $4.15 million in NMTC equity to the fund backing ESNMC’s $14 million New Markets Tax Credit transaction for three rural Walgreens stores. The investment will support QLICI loans that finance equipment, inventory, and payroll in underserved New York communities.
U.S. Bancorp Community Development Corporation holds this financial services contract with South Beach Psychiatric Center. Its other public contracts on record include work for NYC-Convention Center Development Corporation and Town of Frisco.
Term as filed: Seven-year NMTC credit and compliance period.
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Contract details
- Contract type
- Financial Services
- Amount
- approximately $4,149,600 in NMTC equity investment
- Document date
- July 8, 2026
- Term
- Seven-year NMTC credit and compliance period
- Source document
- Empire State New Market Corporation Agenda Packet 2026-07-08 (AgendaPacket)
U.S. Bancorp Community Development Corporation's other public contracts
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Questions about this contract
Who was awarded the financial services contract by South Beach Psychiatric Center?
U.S. Bancorp Community Development Corporation was awarded this financial services contract by South Beach Psychiatric Center, as recorded on July 8, 2026. The contract value is approximately $4,149,600 in NMTC equity investment.
How much is the U.S. Bancorp Community Development Corporation contract with South Beach Psychiatric Center worth?
The U.S. Bancorp Community Development Corporation contract with South Beach Psychiatric Center is valued at approximately $4,149,600 in NMTC equity investment, 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.
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What other contracts does U.S. Bancorp Community Development Corporation hold?
U.S. Bancorp Community Development Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor 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.