Sep 9, 2026BoardMeeting
BoardEmpire State New Market Corporation Meeting Of The Directors
The Directors reviewed several New Markets Tax Credit (NMTC) projects. The Board approved a NMTC sub-allocation to finance infrastructure and operational costs for Harvest Prime, a food distribution business, and authorized the sub-allocation of NMTCs for three rural Walgreens locations to maintain operations. Additionally, the Board authorized a contract amendment for accounting services with CohnReznick, LLP, and reviewed a proposed project for the construction of a multi-service community facility for the Variety Boys & Girls Club of Queens, which included the approval of a General Project Plan and NMTC financing.