Hollywood Arts Collective and Career Center
In February, Genesis LA provided $11.4 million in NMTCs to finance the Hollywood Arts project.
Dream Center
The Dream Center, a volunteer-driven organization, currently serves over 40,000 people each month.
Alison Paige, Capital A Consulting, LLC
NMTCs create jobs, support organizations providing services, improve communities and grow wealth. They pay for themselves while achieving their goals of creating jobs and commerce in low-income communities.
Charles Loveman, Heritage Housing Partners, Pasadena, CA
HHP is a non-profit affordable homeownership developer based in Pasadena, CA. We have successfully used the New Markets program several times to help close the gap between the cost to build ownership housing and the sales prices for our Low- & Moderate-Income first-time homebuyers. New Markets is an indispensable tool that helps lower-income households achieve […]
U.S. Bank Financing Discovery Science Center Expansion
Laura Friedman (D-CA30)
Lincoln and Orange Grove
The construction of a 67,732 sq. ft. four-story mixed-use project in Pasadena, California that includes 22 low-income, 13 moderate-income, and 11 workforce housing units, 6,167 SF of commercial space, 3,850 SF of office space, and a 380 SF community room.
LA Prep South
Acquired and rehabiliated existing warehouse buildings into a specialized facility leasing food production space to small and businesses and other seeking production space.
Brenda Battey, CFO, Broadway Federal Bank, Los Angeles, California
Critically important to spur business opportunities in lower income communities in and around the City of Los Angeles.