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

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Housing Programs, Inc.

"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

"Without the FCLF initial loan to purchase land, we might not have been able to move forward with farmworker housing." – Peter Routsis-Arroyo, CEO, Catholic Charities, Diocese of Venice

Casa San Juan Bosco

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R.E.A.C.H.

"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

"Our partnership with FCLF allows 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

"The Fathers Table Foundation appreciates the services FCLF provides and the impact on the communities you serve. We believe in your organization and your mission." – Dan Gilardi, President

Fathers Table Foundation

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

Metropolitan Ministries

"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

"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

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Florida Community Bank

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BBVA Compass

"We're thrilled to partner with FCLF to make our project a reality to serve generations of kids in our community." – Dawn Stanhope, President & CEO

Boys & Girls Clubs of Manatee County

"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.

"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.

"We appreciate the accomplishments your organization attains." - Robert Sucher, Executive VP

Sabadell United Bank

"FCLF made it possible for us to provide many special needs and low-income students with the educational services that they need." – Charlotte Tollefson, Director & Founder

Woodlawn Community Academy

"FCLF understood our context, embraced the project vision, and were willing to make an investment that others deemed as too risky." – Lynn Brockwell-Carey, Executive Director

Brevard Neighborhood Development Coaliti…

"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

"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

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