New Markets Tax Credit Coalition

Search
  • Los Angeles,
  • CA
  • (2020)

Community Eye Center

District: Maxine Waters (D-CA43)

The loan was used for refinancing existing debt for an optometristic office.

Investment

  • NMTC Amount: $843,750
  • Total Project Cost: $1,012,500

IMPACT

  • 6 FTE jobs

CDEs

Investor

Project Description

The loan was used for refinancing existing debt. The project is an optometristic office. It is located in a severely distressed new market tax credit zone and is 100% women owned. 100% of the jobs created will be livable and have the ability to go to an externship site for vocational school.

MAP

Address: 8615 South Vermont Avenue, Los Angeles, CA 90044

Census Tract: 6037600100

Missing information? Submit an update or correction.

Other California Projects

Innercare
  • El Centro/Imperial,
  • CA
  • (2023)
  • CDE(s): Clearinghouse CDFI, Enterprise Community Partners, Urban Research Park CDE, USBCDE

In 2017, Innercare was a key stakeholder in the research and development of the Imperial County Community Health Assessment that has been driving health policy in the County for the

Learn more..
Hollywood Arts Collective and Career Center
  • Los Angeles,
  • CA
  • (2022)
  • CDE(s): Genesis LA CDE, Los Angeles Development Fund
In February, Genesis LA provided $11.4 million in NMTCs to finance the Hollywood Arts project.
Learn more..
Grass Valley Courtyard Suites
  • Grass Valley,
  • CA
  • (2006)
  • CDE(s): CRFUSA
NMTC financing supported an expansion of a small, boutique hotel in Grass Valley, CA.
Learn more..
San Ysidro Health
  • National City,
  • CA
  • (2022)
  • CDE(s): USBCDE

This investment will finance the construction of a new 44,000 sq. ft. health center in National City, CA in the San Diego region. The project will include 2 levels of

Learn more..