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State Fact Sheet

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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.

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Community Testimonials​

California NMTC Videos

California NMTC Stories

2020

Merced, CA 

Merced Rescue Mission: Village of Hope Phase 1

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

San Francisco, CA 

Mission Neighborhood Centers

MNC is an early care and education operator in San Francisco. We established a NMTC fund to finance a couple of ECE projects due…
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2020

San Francisco, CA 

Community Music Center Richmond Branch

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…
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2020

Los Angeles, CA 

SUPRSEED

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

Escondido, CA 

YMCA Supportive Housing

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…
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2020

Van Nuys, CA 

Vallarta Van Nuys Supermarket

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…
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2020

Los Angeles, CA 

Union Rescue Mission

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution (CDFI) Genesis LA is partnering with service provider Union…
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2020

San Diego, CA 

UCSD Workforce Development Accelerator

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…
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2020

Oakland, CA 

Oakland Civic

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…
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2020

Los Angeles, CA 

Charles Drew University

Charles R. Drew University of Medicine and Science (CDU) is a Historically Black Graduate Institution focused on cultivating diverse health professional leaders who are…
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2020

Escondido, CA 

Goodwill Industries of San Diego County

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…
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2020

San Francisco, CA 

Community Arts Stabilization Trust

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,…
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2020

San Diego, CA 

Access Youth Academy

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…
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2020

Oakland, CA 

Oakland Museum of California

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….
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2020

Pasadena, CA 

Lincoln and Orange Grove

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…
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2020

North Hollywood, CA 

VST Development

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

Los Angeles, CA 

Community Eye Center

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

Hawthorne, CA 

RGD Construction

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…
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2021

San Diego, CA 

Goodwill Industries of San Diego

Civic Community Partners announced Jan. 8, the closing of a $9 million New Markets Tax Credit investment with Goodwill Industries of San Diego County…
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2020

Los Angeles, CA 

Martin Luther King Jr. Community Hospital

This transaction will finance working capital for the Martin Luther King Jr. Community Hospital located in South Central Los Angeles, California. The working capital…
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2011

San Jose, CA 

San Jose Environmental Innovation Center

SJEIC provides laboratory, office, proto-type manufacturing and demonstration space for emerging clean technology companies….
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2017

El Centro, CA 

Clinicas de Salud del Pueblo Health Facility

Construction of a 44,310 sq. ft. Health Center in a underserved county….
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2005

Los Angeles, CA 

East Los Angeles Rising Youth Club

Financing for East Los Angeles Rising Youth Club, formerly a Boys and Girls Club East Los Angeles….
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2005

San Jose, CA 

The Foundation for Hispanic Education

Non-profit university primarily serving low-income, minority and women students….
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2005

San Diego, CA 

San Ysidro Health Center

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

Los Angeles, CA 

Queenscare Health Centers

Financing to help Queenscare Health Centers, a nonprofit FQHC, build a new community health center in East Los Angeles….
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2016

Vernon, CA 

rPlanet Earth Los Angeles, LLC

NMTC financing supported a new facility for rPlanet Earth, a new company that is bringing more efficient polyethylene terephthalate (PET) recycling to the United…
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2019

Woodland, CA 

Yolo Food Bank

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,…
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2015

Watsonville, CA 

Salud Para la Gente

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…
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2019

Vista, CA 

Pacific Safety

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…
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