California Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

I went from being a very troubled child to a person that aspires to be one of the best criminal defense lawyers—someone driven by a series of injustices to pursue success, a person that youth at RYSE can look up to.

Community Testimonials​

California NMTC Videos

California NMTC Stories

2020
Named a 2020 California Nonprofit of the Year, Merced Rescue Mission serves individuals in Merced County who are homeless, have been incarcerated, or are…
2020

San Francisco, CA 

MNC is an early care and education operator in San Francisco. We established a NMTC fund to finance a couple of ECE projects due…
2020
Provides working capital to the Community Music Center, a nonprofit arts education organization, enabling it to continue to provide music education to approximately 5,000…
2020

Los Angeles, CA 

SuprMarkt LA specializes as a pop up farmers market type of business that serves healthy & organic foods to the local community. The purchase…
2020

Escondido, CA 

The New Markets Tax Credits investment finances the acquisition and rehabilitation of a 25-unit apartment complex in Escondido. The property will expand the YMCAs…
2020
Funding for the Vallarta Van Nuys project was used for the substantial rehabilitation of the property to transform the 124,000 sq. ft. parcel of…
2020

Los Angeles, CA 

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution (CDFI) Genesis LA is partnering with service provider Union…
2020
The University of California, San Diego will be extending its reach into downtown San Diego’s East Village neighborhood. As part of the University’s Extension…
2020

Oakland, CA 

Funding for the Oakland Civic Project was used to help transform the Oakland Auditorium and Calvin Simmons Theatre into a mixed-use facility that will…
2020

Los Angeles, CA 

Charles R. Drew University of Medicine and Science (CDU) is a Historically Black Graduate Institution focused on cultivating diverse health professional leaders who are…
2020
Goodwill Industries acquired a 93,350 square foot site with a 16,708 square foot building that had previously been used as a drive-through pharmacy. The…
2020
Community Arts Stabilization Trust (CAST) is a nonprofit real estate development and holding company strictly for the arts. CAST creates long-term/permanent solutions to acquire,…
2020

San Diego, CA 

The project will result in a new, two-story 21,500 square-foot structure that will house a nine-court, state-of-the-art squash and learning center. It will provide…
2020
Enhancements to the museum campus enabling improved community access, measures to ensure the safety and security of patrons, interactive landscaping, and expanded on-site programming….
2020

Pasadena, CA 

This transaction will finance the construction of a 67,732 SF four-story mixed-use project in Pasadena, California that will include 22 low-income, 13 moderate-income, and…
2020

North Hollywood, CA 

VST Development has purchased a building that will allow VS Construction to expand its current operating facilities. With the expanded space, VS Construction will…
2020

Los Angeles, CA 

The loan was used for refinancing existing debt. The project is an optometristic office. It is located in a severely distressed new market tax…
2020

Hawthorne, CA 

The loan is to a minority-owned contractor in southern California. The company, which provides professional painting services for residential properties, had been operating out…
2021
Civic Community Partners announced Jan. 8, the closing of a $9 million New Markets Tax Credit investment with Goodwill Industries of San Diego County…
2020
This transaction will finance working capital for the Martin Luther King Jr. Community Hospital located in South Central Los Angeles, California. The working capital…
2011
SJEIC provides laboratory, office, proto-type manufacturing and demonstration space for emerging clean technology companies….
2017
Construction of a 44,310 sq. ft. Health Center in a underserved county….
2005
Financing for East Los Angeles Rising Youth Club, formerly a Boys and Girls Club East Los Angeles….
2005
Non-profit university primarily serving low-income, minority and women students….
2005

San Diego, CA 

Financing for The San Ysidro Health Center, a leading provider of quality healthcare for low-income people….
2013

Los Angeles, CA 

Financing to help Queenscare Health Centers, a nonprofit FQHC, build a new community health center in East Los Angeles….
2016
NMTC financing supported a new facility for rPlanet Earth, a new company that is bringing more efficient polyethylene terephthalate (PET) recycling to the United…
2019

Woodland, CA 

Established in 1970, the Yolo Food Bank was founded as a volunteer-run backyard gleaning program and has grown to an organizational network of staff,…
2015

Watsonville, CA 

Salud Para la Gente, a Federally Qualified Health Center in Watsonville, which provides high-quality, comprehensive, and cost-effective healthcare to its patient population of primarily…
2019

Vista, CA 

Pacific Safety Solutions, a safety consulting firm, used financing from the JCCR Fund Redeployments to purchase the 3,800 sq. ft. commercial property it previously…