Community Responsive Urban Revitalization

The Rose Urban Green Fund (RUGF) is a certified Community Development Entity with a national platform. We apply to the CDFI Fund for allocations of federal New Market Tax Credits (NMTCs) and partner with investors to make loans and equity investments to expand low-income housing activities by providing goods and services to Low-Income Communities including health care, food, education, job training, and cultural facilities. RUGF offers financing with flexible terms at significantly below market rates to qualified projects that provide a variety of community benefits.

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Our Team

Our team includes industry professionals that are focused on making an impact.

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Realized Community Outcomes


Number of permanent jobs created and retained

$10.6M +

Contracted amount awarded to minority-owned business subcontractors


Annual number of patients served in medically underserved areas



Annual number of visits per year to 2 grocery projects located in USDA food deserts 


$2.5M +

Rent savings of 25 nonprofit or locally owned tenant businesses over 5 years



Number of construction jobs created

$98,250,000 in Investments

RUGF has deployed $98,250,000 in investments to 19 projects in low-income communities throughout the United States in the last five years

Projects / Closings Project List

Projects / Closings
Fresh Grocer of Monument

Brown’s Super Stores acquired a former supermarket in Philadelphia, PA in a nationally designated food desert and significantly disadvantaged community. The 58,189 square feet supermarket underwent renovations and replacement of equipment and fixtures. The Project will provide heatlhy food with a focus on sustainability, health, greening food deserts, re-entry programs, and public-private partnerships.

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Projects / Closings
Salt City Market

Salt City Market project is a new 78,000 SF mixed-use development project transforming a vacant lot, located at the intersection of 3 impoverished neighborhoods in Syracuse, NY, into a mixed-use, multicultural, community hub.

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Projects / Closings
Youth Employment Agency (YEA) Choice Markets

The Youth Employment Academy (YEA) is an operating business that will lease space from DHA Collaborative Facility (another RUGF NMTC recipient) to operate a 4,604 SF fresh food market, called Choice Market located in the ground floor of the building.

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Projects / Closings
DHA Collaborative

Denver Housing Authority’s Collaborative Resource Facility is located at a HOPE VI site just north of the 10th and Osage light rail station in the midst of Denver Housing Authority’s Mariposa affordable housing development in Denver, Colorado. The Mariposa District is a nationally recognized redevelopment known for its commitment to the residents, environment, and creation of vibrant, mixed-income communities.

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Projects / Closings
Denver Health and Hospital Authority (DHHA) Outpatient Medical Center (OMC)

The overall Project included the construction of the building, all tenant buildout for DHHA, as well as the purchase of a significant amount of Furniture, Fixtures, and Equipment (FF&E) necessary to operate the OMC. The NMTC Loans were used to finance a portion of the Furniture, Fixtures and Equipment to be installed at the Project.

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Projects / Closings

District is a unique social and community impact project that redeveloped a former State of Connecticut bus depot site in the City of New Haven, into a technology and innovation workplace campus offering over 100,000 square feet of flexible, affordable retail and office space and resources for media, light manufacturing, technology, and creative companies and entrepreneurs. 

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