National Community Fund I, LLC (NCF) has provided financing for the following projects:

International AIDS Vaccine Initiative

An AIDS Bioscience Research Laboratory Finds a Home in an Old Military Depot in Brooklyn

"Financing (this laboratory) will help our scientists to explore new innovations and speed the discovery of a vaccine that prevents HIV infection." - Mike Goldrich, Executive Vice President and Chief Operating Officer, IAVI

The site for the new International AIDS Vaccine Initiative (IAVI) bioscience research laboratory is in the Brooklyn Army Terminal in New York City, which served as the largest supply base in the U.S. through WWII. The facility is currently being readapted by the City of New York as a center for bioscience research and bio-manufacturing. IAVI will occupy 39,000 SF of the 4,000,000 SF complex with its laboratory, offices and conference center. The new research facility will centralize IAVI’s efforts to accelerate development of a vaccine to prevent HIV infection and AIDS. In addition, IAVI will contribute to creating a workforce for the growing biotechnology sector in New York City by committing to have 6 full time employees on staff by 2015.

Community Impacts Report - International AIDS Vaccine Initiative

Mercy Corps World Headquarters

World Hunger Relief Organization Consolidates in New Headquarters Building

"(This building's) purpose is to engage visitors in global issues like poverty and hunger. It will be a window to the world for Portland and Oregon." - Kathy Cooke, Director of Administration and Facilities, Mercy Corps.

After a long site evaluation, Mercy Corps chose the historic Skidmore Fountain Building in Portland, Oregon's Old Town/Chinatown neighborhood. Previously located in six separate buildings around town, the organization will now be consolidated in a single headquarters location directly on the city’s Metropolitan Area Express train line. The existing building will be complemented by a newly constructed addition, and the combined 80,000 square foot facility will include dynamic workspace, environmentally friendly architecture and state-of-the-art technology. The organization will also create a ground-floor global hunger and poverty learning center/museum that is anticipated to attract 70,000 visitors per year. The new facility is expected to be completed in August of 2009.

Community Impacts Report - Mercy Corps World Headquarters

McKibbin Street Industrial Center

Small Manufacturing Companies Get Affordable Workspace in a Repurposed Furniture Factory

"Constructing an industrial center serving small and family-owned businesses in the neighborhood would have been impossible without New Markets—without flexible lease terms and below-market rents, our tenants would be forced to flee the inner city or go out of business." - Brian Coleman, CEO, GMDC - as reported in the Brooklyn Daily Eagle

Greenpoint Manufacturing and Design Center Local Development Corporation is leveraging its successful development of five industrial projects in North Brooklyn to redevelop an underutilized and dilapitated historic property at 221 McKibbin Street, in the East Williamsburg neighborhood of Brooklyn. The 72,000 square foot brick structure will be gutted and repurposed to accomodate approximately 20 built-to-suit units for small and mid-sized industrial and artisinal businesses, resulting in 54,000 square feet of new, rentable industrial space. GMDC will offer below-market rate leases to small, locally-owned businesses (average lease rates will be approximately 20% below market), and the 20 small local businesses are expected to employ more than 100 low-income and immigrant New Yorkers in living-wage jobs

Community Impacts Report - McKibbin Street Industrial Center

Museum for African Art

African Art and Culture Find a Permanent Home in Harlem

"The Museum for African Art is dedicated to increasing public understanding and appreciation of African art and culture, recognized worldwide as the pre-eminent organizer of exhibitions and publishers of books devoted exclusively to historical and contemporary African art." - Jason Wiggins, ny.com

The Museum for African Art (MAA) is building a 3-story, 75,547 SF facility to serve as its permanent home at 110th Street and 5th Avenue in Harlem. The project includes 16,000 SF of gallery space featuring both traditional and contemporary African art, art work shops and adult programs, and increased operations for free or discounted programs. The building will also include a new Education Center, a library, a restaurant, a gift shop devoted to African design, two classrooms plus an African Discovery Hall constructed as an ever changing series of African "villages." The "villages" will house a new after-school educational initiative, the Passport to Africa Program – a semester-long immersion in the art, history, culture and geography of different African countries.