December 2009



In December 2009, AMCREF Community Capital (AMCREF), provided $6 million of Go Zone NMTC financing to the non-profit Young Men’s Christian Association of Greater New Orleans, Louisiana (YMCA). The YMCA utilized the funds for a new 21,000 sq. ft. community facility in Belle Chasse, LA in Plaquemines Parish. The facility is designed to be a safe, family entertainment facility rather than just an athletic complex. It serves up to 4,800 members and an additional 2,200 people through childcare, youth sports and leaderships programs, aquatics, and senior activities. Furthermore, the project incorporated numerous LEED certifiable green building attributes.

The YMCA served as a symbol of progress and recovery in an area where nearly 100% of homes, businesses, schools and recreational facilities were damaged by Hurricane Katrina in 2005. This facility was more important than ever because of its location in one of the areas hardest hit by the Gulf Oil Spill, where it is estimated that at least 25% of residents depend on fishing for their livelihood.


  • Employment: up to 70 direct FTEs created, 1 FTE maintained with wages well above the local living wage, benefits and job training; 32 construction jobs
  • Services to LICs/LIPs: Aquatics, childcare, community development, health and fitness, youth leadership, youth sports and senior programs. As part of the YMCA’s mission, no one is turned away due to an inability to pay. AMCREF also funded a membership for an LIC family.
  • LEED Certifiable Features: State-of-the-art green building features, including: natural daylighting, extensive use of recycled building materials, as well as efficiency features to reduce utility costs, such as a “cool roof”, a highly efficient HVAC system, light and water sensors, and advanced insulation.

Catalytic Effects/Future Projects: Through a partnership with Plaquemines Parish, YMCA operates various other community centers in the Parish, generating numerous additional FTEs for the area.