An Alembic is a device used in alchemy to transform common materials into rare and valuable ones. Alembic Community Development works to transform communities and to strengthen the nonprofit organizations that serve them.
Alembic is a community development company that invests in long-term partnerships in underserved neighborhoods through real estate development, organizational capacity building and community-based planning initiatives.
Myrtle Banks Roof Topping Out Ceremony
Alembic Community Development announces a topping out ceremony on June 23rd, 2014, to celebrate the redevelopment of the former Myrtle Banks school into the Jack & Jake’s Public Market and shared office space in New Orleans.
Barrier Free Living, Alembic Community Development and Foxy Management celebrated breaking ground on June 4th, 2013 on the Barrier Free Living Apartments, a 120-unit supportive housing development. Read about it here and in the Novogradic Journal of Tax Credits on following page.
Alembic Community Development and Providence House joined their partners and community residents at a ribbon cutting ceremony on May 10th, 2013 to mark the opening of The D’Addario Residence, a supportive housing project in the Bedford-Stuyvesant neighborhood of Brooklyn.