Metropolitan Ministries, Phase Two

metmin2-grdbreakschoolWEST REGION
TOTAL PROJECT $16.7 million
FCLF NMTC ALLOCATION $11 million
40,000 square feet in 2 locations
19 permanent jobs created or retained
125 temporary jobs created or retained

 

"FCLF is a difference maker! By partnering with leaders in the community and other financial institutions they make miracles possible. Their team provides solutions to bring about real change in a community." – Tim Marks, President & CEO, Metropolitan Ministries


Metropolitan Ministries has been a mainstay in providing housing and programs for the homeless in the Tampa Bay area for more than 40 years. With a focus on transitioning individuals and families out of homelessness, Metropolitan Ministries and Florida Community Loan Fund (FCLF) previously collaborated on the construction of MiraclePlace, a facility that offers family apartments, counseling, education and career training, day care, and other services. Financing for MiraclePlace was made possible through the New Markets Tax Credit (NMTC) Program.

But Metropolitan Ministries didn't want to stop there. Acknowledging an increased demand for their services, this second phase of expansion will also use the NMTC Program to:

  • Construct a new building for its on-campus school that is operated by the Hillsborough County Public School system, expanding enrollment capacity to 152 students;
  • Build a 16,000 square foot facility that will house a recreation center and gymnasium, food distribution center, adult education & training classes and a chapel;
  • And, in Pasco County, renovate a 6,000-square foot donated building that will expand the organization's food distribution and outreach program in Pasco, Hernando, and Pinellas Counties.

FCLF provided $11 million in NMTC allocation for the $16.7 million MiraclePlace Pasco Tampa project. The investor is JPMorgan Chase. Additional NMTC allocation and investment is provided by Whitney Bank CDC/Hancock Bank.

Read more about FCLF and Metropolitan Ministries in this success story.
View more photos of Metropolitan Ministries, Phase Two, on FCLF's Flickr Page.
For more information, visit www.metromin.org.

Pictured: artists' renderings of the school exterior and gym.

MiraclePlace Elementary School, rendering     MiraclePlace Youth Enrichment Center, rendering

"FCLF staff shares our vision and commitment to serve needy families and provide a high quality education to all children." – Thomas Cole, Founder

Emma Jewel Charter Academy

"We appreciate how the work of FCLF primarily benefits low- to moderate-income individuals and areas and supports the needs of our community." – Maria J. Thompson, Community Development Manager

Third Federal Savings

"I appreciate FCLF for lending in rural areas, where many other lenders are exiting. From the first moment we spoke with FCLF staff, we felt we had a partner." – Jamie Kerr, President, AMCS Dev.

Griffin Heights

"FCLF plays a significant role in sustaining vibrant and thriving communities. We are pleased to support your ongoing community based efforts." – Ernie Diaz, South Florida Market President

TD Charitable Foundation

"BankUnited understands the challenges facing our communities; we applaud FCLF's efforts. Thank you for making our community a better place to live." – Katrina Wright, VP Comm. Dev.

BankUnited

"Trinity Health is happy to partner with FCLF. We look forward to seeing the impact in the communities you serve." – Sr. Kathleen Coll, SSJ, Administrator, Shareholder Advocacy

Trinity Health

"FCLF demonstrates a mission-oriented philosophy that is compatible and supportive, broadens our platform and deepens our portfolio of products and services." – Kent Adcock, CEO

Habitat for Humanity of Lake-Sumter

"Without FCLF's support, we would not have been able to deliver the services our area so desperately needs. We look forward to a lifetime relationship." – Tom Griffin, CEO

The Transition House, Inc.

"Thanks to FCLF, we are one step closer to providing a permanent housing solution for veterans and others seeking quality housing at an affordable price." – Carrie Davis, Executive Director

Wealth Watchers

"We are delighted to partner with you to serve those most in need in our communities." – Eileen S. Coogan, President & CEO

Allegany Franciscan Ministries

"We commend the important work of your organization, are glad to support its efforts." – Beverly Dabney

JPMorgan Chase Foundation

"Aida Palms will be a lasting asset to the City of Lakeland. This revitalization wouldn't be possible without financing partners like FCLF." – Mitchell Rosenstein, Principal, Green Mills Group

Aida Palms

"FCLF was instrumental in making this important project a reality, bringing us one step closer to ending chronic homelessness in Miami-Dade County." – Dr. Paul A. Ahr, President & CEO

Camillus House

"FCLF has proven its community impact and hard work. We are proud to partner with FCLF." – Leslie Watson, Analyst, Community Investments

Dignity Health

"We consider FCLF a valued partner and strong advocates for low-income communities and families. We look forward to many more years of working together." – Jennifer Westerbeck, Vice President

US Bancorp CDC

"We couldn’t have pulled this project together without FCLF as partners. This is the start of great work in Jacksonville’s historic Springfield district." – Kevin Gay, Exec. Director

Operation New Hope

"Our partnership with FCLF will allow us to build an attractive, state of the art facility that patients, staff, and community will be proud of." – Bakari Burns, President-CEO

Orange Blossom Family Health

"It is really working. FCLF is really touching low-income people." – Florida Community Loan Fund Founding Board Member

Sister Mary Heyser, RSHM

"FCLF is a difference maker! Their team provides solutions to bring about real change in a community." – Tim Marks, President & CEO

Metropolitan Ministries

"I recommend FCLF for attracting investment to the Florida Preservation Fund... I believe that says something about investor comfort." – Nancy Muller, Policy Director

Florida Housing Finance Corp.

FCLF Videos

View video testimonials from FCLF partners.
  • Florida Community Loan Fund helped Boys & Girls Clubs of Manatee County with New Markets Tax Credits
  • FCLF and Operation New Hope, Restoring Jacksonville’s Springfield Community
  • FCLF and SW Florida Collaboratory, Bringing Stability to a Fort Myers Neighborhood
  • FCLF and CDC of Tampa, Stability in East Tampa Neighborhoods
  • FCLF and The Transition House: Building Blocks for U.S. Veterans
  • FCLF and Wendover Housing: Building Blocks for An Aging Population
  • FCLF and CFHC: Building Blocks for Low Income Healthcare
  • FCLF, Reflecting on the Past, Shaping the Future
  • FCLF, Planning for Florida's Future: CASA St. Petersburg
  • FCLF, Planning for Florida's Future: Housing Programs, Inc., Miami
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