VST Development

VST Development purchased a building that will allow VS Construction to expand its current operating facilities.

Investment

  • NMTC Amount: $1,031,250
  • Total Project Cost: $1,100,000

IMPACT

  • 5 FTE jobs

Investor

Project Description

VST Development has purchased a building that will allow VS Construction to expand its current operating facilities. With the expanded space, VS Construction will be able to improve their capabilities for fabricating cabinetry and custom fittings for projects. The property is located in a severely distressed new market tax credit zone.

MAP

Address: 7230 Hinds Avenue, North Hollywood, CA 91605

Census Tract: 6037122410

Other California Projects

NMTC financing supported the Math and Science Prep project.
Asian Health Services Asian Health Services is a FQHC whose mission is to address the unmet health care needs of the underserved in Oakland, CA.
Joint venture between the three nonprofits to acquire five commercial properties for redevelopment and leasing to businesses and nonprofits.
Thanks in part to NMTC financing, in 2014, Tiburcio Vasquez Health Center opened the Ashland Community Clinic, a 20,000 sq. ft. state-of-the-art facility that houses primary medical and dental, mental