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

UHS VIA Linda Project

Scottsdale,
AZ
(2021)

Addiction Treatment, Behavioral Health, Community, Healthcare, Hospitals and Emergency Services

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

Empowerment Reinvestment Fund provided financing to help finance the new construction of a 72,650 sq. ft., 120-bed community hospital located in the Salt River Pima-Maricopa Indian Community of the Salt

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).

Child Crisis Arizona

Mesa,
AZ
(2022)

Community, Youth and Families

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

PCDIC provided $15 million in NMTC financing for Child Crisis Arizona, a Mesa, Ariz.-based nonprofit focused on preventing child abuse and neglect.

Child Crisis Arizona

Phoenix,
AZ
(2023)

Youth and Families

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

Enterprise Bank & Trust announces the closing of a finance agreement that will support a $21 million construction project which is part of a $25 million philanthropic expansion campaign for