New Markets Tax Credit Coalition

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A Plus Gutter

Investment

  • NMTC Amount: $600,000
  • Total Project Cost: $600,000

IMPACT

  • 11 FTE jobs
  • 3 construction jobs
  • 1,088 sq. ft. of real estate

Investor

Project Description

The borrower was created in 2018 to purchase real estate at 4515 Dunham street for the OC (A Plus Gutter Systems) to operate out of. The Borrower will use the loan proceeds from this transaction to purchase the property located at 4521 Dunham Street in Commerce, CA., which is directly next door to its existing location at 4515 Dunham St. Collateral is a 1,088 sq. ft. retail building with a fully equipped kitchen.

MAP

Address: 4521 Dunham Street, Commerce, CA 90040

Census Tract: 6037532302

Other California Projects

In 2013, Boys and Girls Clubs of San Francisco received NMTC financing to support construction of a new 30,000 sq. ft. Clubhouse in the Western Addition.
Small business financing for a family-owned general contractor to purchase a building for its office and warehouse space.
Rehabilitation of the historic St. Joseph's Church, vacant since the 1989 Loma Prieta Earthquake, into creative incubator offices and outdoor community space.
The relocation and major expansion of FHCSD's current store-front center in the Diamond Neighborhoods area of San Diego.