U.S. Bank is partnering with Massachusetts Housing Investment Corp. to provide $2 million of New Markets Tax Credit equity to help Roxbury Tenants of Harvard (RTH) build a new community center in Mission Park.

The new center, which replaces an outdoor basketball court and parking lot, will have a gym; fitness facilities; and classrooms for educational, childcare, healthcare and social services programs.

Construction of the 28,000-square-foot development has already begun and will be completed in early 2014.

"RTH has a strong record of serving the neighborhood throughout its over 40-year history," Laura Vowell, vice president for U.S. Bancorp Community Development Corp., the community investment of U.S. Bank that made the investment, said in a statement. "We’re thrilled to help RTH construct a community center in Mission Park, as it will provide the space needed to dramatically increase the organization’s impact."