Clearinghouse CDFI just financed a first-of-its-kind, innovative center for First Place®AZ—an Arizona nonprofit—to help autistic adults gain community and independence. First Place-Phoenix will include supportive housing, a transitional learning facility, and a venue for nationwide experts to convene.
Development of First Place-Phoenix is thanks to the collaboration of nearly 100 public, private, and charitable organizations. Clearinghouse CDFI provided $8 million of NMTC allocation for construction. US Bank was the investor.
Once complete, the new 81,000 sq. ft. facility will offer 55 supportive housing units in a low-income area, near transit. First Place-Phoenix services will include:
- First Place Transition Academy – a highly structured program building critical career-readiness skills
- First Place Global Leadership Institute – advances education/training of service providers, professionals, & physicians
- Wellness coaching, meal preparation, benefits counseling, & safety support/assistance
- Community/social integration & functional life skills development
Download the PDF: Just Funded – First Place
“Congratulations to all involved at Clearinghouse CDFI in getting this NMTC transaction funded. It was one of the deals that came through Loan Committee that really opened our eyes into what can be done with NMTC’s and other forms of financing all get together to make something good happen.”
Senior Vice President
Senior Relationship Manager