BDB Enterprises

New Markets Tax Credit Coalition

Riverside,
CA
(2021)

BDB Enterprises

Professional Services, Retail

NMTC financing supported two operating companies.

Investment

NMTC Amount: $1,575,000
Total Project Cost: $1,700,000

IMPACT

167 FTE jobs
9 construction jobs
9,190 sq. ft. of real estate

CDEs

Local Initiatives Support Corporation

Investor

US Bank

Project Description

NMTC financing supported two operating companies. The first operating company, Jax, J, CC, Inc. (dba AMS Construction and Roofing), was founded in 2017 by Jeramie Jones. The company is a roofing contractor. The 2nd operating company is Craft Contracting dba Craft General Construction, founded in 2016 by Shane Demelo.

MAP

Address: 2867 Main Street, Riverside, CA 92501

Census Tract: 6065030103

Other California Projects

Tiburcio Vasquez Health Center – Ashland Community Clinic

San Leandro,
CA
(2013)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Parks and Forests

CDE(s): Chase, Raza Development Fund

Thanks in part to NMTC financing, in 2014, Tiburcio Vasquez Health Center opened the Ashland Community Clinic, a 20,000 sq. ft. state-of-the-art facility that houses primary medical and dental, mental

Orange County School of the Arts

Santa Ana,
CA
(2008)

Schools

CDE(s): Clearinghouse CDFI

NMTC financing helped Orange County High School of the Arts expand and increase enrollment.

Coyote Valley Hotel and Wastewater

Redwood Valley,
CA
(2018)

Business Development, Community, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): Travois

NMTC financing supported the Coyote Valley Hotel and Wastewater project.

Children’s Institute, Watts Campus

Los Angeles,
CA
(2020)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Youth and Families

CDE(s): Genesis LA CDE, Los Angeles Development Fund

Construction of a new 20,000 sq. ft. state-of-the-art community facility in Watts for the Children's Institute is expected to begin in January 2020 and be completed in July 2021.