Greater Jamaica Local Development Company, Inc.

Jamaica NY


The single project is located in a low-income community in Jamaica, Queens, New York.

CDFI Awards for Greater Jamaica Local Development Company, Inc.


NMTC (2002) - $21,000,000

GJLDC intends to use the NMTC allocation to support a single real estate development project. The proposed project, located in the downtown Jamaica, Queens borough of New York City is a 14-story office building with ground floor retail. It is the first project of a planned new airport supportive business district. The Allocatee believes that, without the NMTC Program, it could not attract the private sector capital necessary to fund this project, while still charging acceptable rents for prospective tenants.



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