Historic Coronado Motor Hotel

Yuma,
(2020)

Historic Coronado Motor Hotel

Business Development

The Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community.

Investment

NMTC Amount: $1,454,000
Total Project Cost: $1,454,000

IMPACT

CDEs

Prestamos CDFI

Investor

Unknown

Project Description

Yuma Landing Company (operator of the Historic Coronado Motor Hotel) has been in operation for over 80 years, the Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community. NMTC financing was be used for building improvements, refinancing existing debt to improve business cash flow and to pay associated closing costs.

MAP

Address: 233 South 4th Avenue, Yuma,

Census Tract: 4027011800

Other Arizona Projects

Cherrybell Health Center

Tucson,
AZ
(2018)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Shelters and Community Food, Supportive Housing, Targeted Populations

CDE(s): Corporation for Supportive Housing

A new healthcare facility meets the needs of the most vulnerable citizens in Pima County, Arizona

Educare Arizona

Phoenix,
AZ
(2011)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Local Initiatives Support Corporation, Wells Fargo

Early education center with an on-site health clinic and family support training center.

NOAH Desert Mission Health Center

Phoenix,
AZ
(2021)

Community, FQHCs

CDE(s): Phoenix Community Development and Investment Corporation

NOAH breaks ground on new Desert Mission Health Center

Pascua Yaqui

Guadalupe,
AZ
(2023)

FQHCs

CDE(s): Chase, Phoenix Community Development and Investment Corporation

The Pascua Yaqui Tribe is a federally recognized tribe with a reservation southwest of Tucson, Arizona, recognized pursuant to the Act of September 18, 1978, P.L. 95-375 (92 Stat. 712).