Latest news with #NourishUp
Yahoo
29-07-2025
- Business
- Yahoo
Thriving Communities Fund leverages NMTCs to invest $35M in projects that fuel local businesses, services and jobs
CHICAGO, July 29, 2025 /PRNewswire/ -- Broadstreet Impact Services announced today that it has fully deployed the $35 million Thriving Communities Fund, an impact investment fund capitalized by TD Community Development Corporation ("TDCDC") to support business investment, community facilities, and quality and accessible job creation in low-income communities. The fund leverages federal New Markets Tax Credits ("NMTC") to provide affordable and flexible capital to development projects that would not otherwise be able to move forward. Notably, it has invested in commercial renovation projects that restore and return shuttered facilities to productive use—helping remove blighted properties, increase the tax base, improve the streetscape, and boost the outlook for the surrounding community. "TDCDC is thankful for the opportunity to work with Broadstreet to create economic opportunities and improve the communities in which we serve," said Michael Cooper, President of TDCDC. "It takes creative approaches and innovative tools, like NMTCs, to not only bring necessary resources to low-income communities, and to support impactful projects that enhance the well-being of local residents." The fund is specifically designed to help expand employment in places with high rates of job loss, while also improving access to critical education, health, and social services. Because it taps NMTCs, it offers benefits that conventional financing programs often cannot. It can help close funding gaps, lower borrowing costs, and offer access to loan forgiveness at the end of the NMTC compliance period. The projects funded illustrate the fund's objectives and impact: Hunger Hub (Charlotte): Renovation and build-out of a 90,000-square-foot facility serving as the headquarters for Nourish Up, a nonprofit that addresses local food insecurity. Nourish Up plans to distribute 200,000 meals every year. The Hunger Hub will work with 35 independently operated food pantry locations, through direct deliveries to households that cannot reach a pantry, and through its central distribution facility. Nourish Up is building a commercial kitchen to produce 2,500 medically tailored meals for daily distribution to homebound clients and will add 23 permanent jobs to staff the expanded facility and services. ConnCat Place on Dixwell (New Haven): Ground up construction of a 65,000-square-foot workforce development and multi-service facility in the Newhallville community. It will serve as the new headquarters for the Connecticut Center for Arts and Technology (ConnCAT), which provides job-training programs focused on the health sciences and culinary professions, while also leasing space to community partners who provide health, childcare, and community services to support families and children. The project will create 78 permanent jobs while helping organizations retain 41 existing positions. The Chocolate Factory (Philadelphia): Renovation of a closed candy factory to create vibrant commercial space for local businesses—including one of the city's major umbrella agencies for services to low-income families, El Concilio, and for the expansion of a childcare provider. The project is creating 130 jobs, all providing a living wage and benefits, while attracting investment and vital family services to a high-poverty neighborhood. Delaware Valley Community Health Center (Philadelphia): Renovation of three sites for this federally qualified health center to expand health and dental services and lead a family practice residency training program—making it the first teaching health center in the city. In addition to expanding its patient volume by 22 percent, the project is creating 133 full-time jobs. Hazel Johnson-Brown Building/Walter Reed (Washington, D.C.): Renovation of one of the last buildings on the long-shuttered Walter Reed Medical Campus, which is being converted into housing, businesses and community facilities. The project is transforming a former nursing building into a 10,000-square-foot home for the new Hazel's Hardware Store, which is named for General Hazel Johnson-Brown, the first African American woman to serve as general in the U.S. military. It will also include a coffee shop and office space and create 55 permanent jobs. "These projects tell the story of our priorities as an impact investor, as a fund manager and as a community partner," said Brent Kuennen, SVP of Fund Management with Broadstreet, which manages the Thriving Communities Fund. "We are grateful for the remarkable efforts of TD Community Development Corporation to invest in ways that have a lasting impact on families and on economic growth in the communities we serve." About TD Community Development Corporation (TDCDC)TDCDC is a certified Community Development Entity (CDE) and wholly owned subsidiary of TD Bank, America's Most Convenient Bank. Since 2007, TDCDC has been a six-time award winner under the NMTC Program, securing $450 million in allocation authority from U.S. Treasury to support the revitalization of low-income, urban and rural neighborhoods across TD Bank's Maine to Florida footprint. As an investor, lender, and CDE, TDCDC deploys flexible and innovative capital to help commercial and industrial businesses create and retain high-quality, accessible jobs and to help community-based organizations improve and expand access to critical education, healthcare, cultural, and social services. About Broadstreet Broadstreet is an impact financial services company offering fund administration, advisory, and management services. We work with values-aligned investors and fund managers to fuel social, environmental, and economic impact across the country. Our platform supports 41 multi-asset funds, 64 single-asset entities, and $2.3 billion in capital under administration and management—advancing equity and opportunity alongside financial performance. Over more than 20 years, we have developed a client base that values our customizable services platform, fund development experience, impact focus, collaborative partnership approach, and deep sector engagement. For more, visit Contact: Ariel Hargrave, ahargrave@ View original content to download multimedia: SOURCE Broadstreet Impact Services
Yahoo
24-05-2025
- General
- Yahoo
Mecklenburg County nonprofit says immigration fears are deterring Latino community from seeking food donations
CHARLOTTE, N.C. (QUEEN CITY NEWS) — A local organization that fights hunger says they're fighting fears among the Latino community. Nourish Up says they're seeing fewer families come in because of immigration concerns. Each carload for home deliveries holds a week's worth of groceries for each client. 'If somebody is hungry, we're going to feed that person,' said Tina Postel, Nourish Up CEO. 'A lot of times they'll say I have no food in my house, there's nothing in my refrigerator,' said John Patrick, a volunteer. But not everyone is showing up to get food. 'It's definitely something that keeps me up at night,' said Postel. Postel says there's one group in particular that's not coming into the dozens of pantries the organization runs in Mecklenburg County. 'If you are too afraid to go to school or go to your job, you also don't want to be visiting a grocery store,' said Postel. She says they've seen a drop of three percent in the number of Latino families getting food at Nourish Up so far this year compared with last. 'That tells me there's a lot of fear among the Latino community,' said Postel. Nourish Up had a plan to help people who were afraid to come and get food, so they set the wheels in motion to do just that, but there's an issue. 'We can leave groceries for you in a contactless delivery at your doorstep,' said Postel. But she says they don't have enough volunteers to get the food out for home deliveries. 'Sometimes they're waiting days longer than they would need to if we had more volunteers,' said Postel. John Patrick has been helping for years. 'I'm not blessing anyone the way I see it. I'm the one being blessed,' said Patrick. He hopes others will see the need and step up to feed as many as they can. 'Citizenship is not a question that we ask. We believe that food is a basic human right here at Nourish Up,' said Postel. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-04-2025
- General
- Yahoo
Clean the Queen effort rallies Charlotte volunteers ahead of Earth Day
Tuesday is Earth Day, and Charlotteans are doing their part by participating in cleanups all week long. Channel 9's climate reporter Michelle Alfini introduces a few of the organizers and volunteers who hope this is just the start of getting more involved in making our area greener. All week long, you might see a few yellow vests along Charlotte's streets, cleaning up whatever they could find. ALSO READ: Earth Day 2024: When did it start; how is it celebrated; what can you do? It is part of the Clean the Queen effort, a week-long collaboration between Envision Charlotte, Charlotte Solid Waste Services Department, and Keep Charlotte Beautiful. 'Doing this kind of event really opens people's eyes to this problem,' said Gracie Bartel with Keep Charlotte Beautiful. Bartel is the AmeriCorps environment engagement specialist with Keep Charlotte Beautiful. She said events like this one, especially around Earth Day, are a great way to get people thinking about environmental issues across the city, starting with one that's easy to identify but also overlook. 'Maybe you weren't paying attention while you were driving around,' said Bartel. Organizers said it's not just about getting the big stuff off of our streets, but these tiny pieces of trash that can be easier to miss can cause the biggest problems. 'Those little pieces are what we really want to focus on because that is what can get into our water or get into our soil,' said Bartel. From there, she said it can hurt local wildlife and even enter our drinking water systems. Another way volunteers are trying to reduce waste this week is by learning how to reuse materials that would otherwise head to landfills. ALSO READ: Nourish Up volunteers honor friend's memory through service Esther Moberly told Channel 9 that she had volunteered with Clean the City, but this year she's bringing new friends and co-workers. She said he hoped the event would help open their eyes to environmental concerns across the city, as well as to opportunities to help. 'There are issues. Instead of being at home and being upset about it, get out, do your part, contribute, and learn more about what others are doing. Learn how you can do your part to make a difference,' Moberly said. Several other cleanups have been planned for this week. You learn more here. VIDEO: Nourish Up volunteers honor friend's memory through service
Yahoo
05-04-2025
- Politics
- Yahoo
Thousands gather in Charlotte to participate in national ‘Hands Off!' protest
More than 2,700 people registered to participate in a peaceful protest in Charlotte on Saturday against a 'Trump-Musk billionaire takeover,' organizers said. The 'Hands Off!' Our Government Charlotte Rally started at 11:30 a.m. on Saturday outside the Charlotte-Mecklenburg County Social Services Department on Billingsley Road. Protesters marched down Randolph Road to the Mint Museum Randolph, and then returned to their starting point. Organizers said the goal was to represent the 'things people stand to lose, from the arts to medical and social services.' READ: Nourish Up celebrates 50 years of combating food insecurity in Charlotte The protest worked to express that people do not consent to 'the destruction of our government and our economy for the benefit of Trump and his billionaire allies,' organizers said. The event included testimony from those negatively affected by cuts made by the current administration. Protesters in Charlotte said they marched alongside millions nationwide, including several hundred in Rock Hill and Monroe County. Organizers said those marching and rallying were 'protesting to demand a stop to the chaos and build an opposition movement against the looting of our country.' Organizers said the nationwide 'Hands Off!' protests made up the largest single day of action nationally since President Donald Trump took office. The protestors also worked to gather donations for Nourish Up, a non-profit that works to fight hunger insecurity in Charlotte. Participants were encouraged to bring diapers and non-perishable foods to donate. Charlotte-Mecklenburg Police closed Randolph Road for nearly an hour during the march. Officials said there were as many as 1,500 marchers. This is a developing story. Check back with for updates. WATCH: Nourish Up celebrates 50 years of combating food insecurity in Charlotte
Yahoo
04-04-2025
- Health
- Yahoo
Carolina Strong: COVID survivor fulfills promise to become nurse
Five years ago, our community was in the throes of a COVID lockdown. Hundreds of people had already lost their lives to the virus, with hospitals treating patients in hallways. One of those patients was Shirley Hall. She told Channel 9′s Hunter Sáenz that experience struck her to her core, leading her to change careers after 35 years. ALSO READ: Waxhaw dad beats Stage 3 colon cancer, urges vigilance on symptoms 'I was taught to be a giver,' Shirley said. Today, she's a Certified Nurse Assistant, or CNA, at Novant Health Mint Hill. But her job in that particular field is relatively new for her. 'I started out in banking when I was 19 years old,' Shirley said. Shirley spent 35 years in corporate America. 'I loved it in the mortgage department, I was able to help the customers save their homes through foreclosures,' she said. Then – COVID hit. 'I almost feel like we got hit by a time bomb, and we didn't see it coming,' Shirley said. The stay-at-home orders, the masking, the social distancing – restaurants and bars shuttered. 'I became very sad…living alone and kind of being locked out away from the world,' Shirley said. Shirley's daughter and grandkids soon moved in, all of them taking precautions and trying to avoid the virus. But then, the inevitable happened. Her daughter got it first, then Shirley – a fear becoming a reality. 'Honestly, it was, oh, Lord, I don't want to die,' Shirley recalled. ALSO READ: Carolina Strong: Teen keeps brother's memory alive through support for St. Jude Children's Hospital Breathing became a challenge and ultimately, her family called 911. 'I remember hearing one of the paramedics say, I'm surprised you're still alive,' Shirley said. She added, 'As I was being rolled out of my home, I was looking back at my daughter and my boyfriend, and in my mind, I was thinking that this may be the last time that I may see them.' She knew, at the time, dozens of everyday people were going into hospitals with COVID and never coming out. 'I made a promise to God that if he will allow me to live through COVID, I will walk into my purpose and my passion,' Shirley said. A promise to serve, and a promise kept. Two months after her hospital stay, Shirley put in her resignation at the bank: 'I went and got my CNA license.' At 54 years old, a career change – paying it forward from the other side of the stretcher. A healthcare hero proving anything is possible with faith and the beat of a caring heart. When she walks through the doors of Novant Health Mint Hill, Shirley said she feels joy: 'It's the greatest feeling in the world to be able to help everyone that walks through these doors.' And Shirley isn't stopping. She's now in nursing school at age 59. She hopes her story proves you can do anything at any age. WATCH BELOW: Carolina Strong: Nourish Up volunteers honor friend's memory through service