New Markets Tax Credit Coalition

Navigator Watsonville Prep

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $9,056,911

IMPACT

  • 72 FTE jobs
  • 44 construction jobs

Investor

Project Description

The Navigator Watsonville Preparatory Charter School leased and renovated a portion of the first floor and the entire second floor of a commercial building in downtown Watsonville, CA to be converted to school use..

MAP

Address: 407 Main Street, Watsonville, CA 95076

Census Tract: 6087110300

Other California Projects

$15.7 million to construct a new, 68,000 sq. ft. replacement facility for Sharp HealthCare in downtown San Diego.
$700,000 to a steel truss manufacturer in Banning, CA
Financing for East Los Angeles Rising Youth Club, formerly a Boys and Girls Club East Los Angeles.
Pacific Safety Solutions, a safety consulting firm, used financing to purchase the 3,800 sq. ft. commercial property it previously leased in Vista, CA.