CDE: Los Angeles Development Fund

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Vermont & Manchester (2022)

Los Angeles, CA

Located at the Northeast corner of Vermont and Manchester in South Central Los Angeles, Evermont (Vermont and Manchester) is a transformational, 160,000 sq. ft., mixed-use development that will directly address

CA Science Center (2023)

Los Angeles, CA

The $52 million total project cost will fund the construction of the exhibits for the new 200,000 sq. ft. Samuel Oschin Air and Space Center. The Space Center includes 3

Hollywood Arts Collective and Career Center (2022)

Los Angeles, CA
In February, Genesis LA provided $11.4 million in NMTCs to finance the Hollywood Arts project.

Joshua House Health Center (2017)

Los Angeles, CA

The Joshua House Federally Qualified Health Center is a new facility that will be operated by the Los Angeles Christian Health Centers (LACHC) and housed in the first three stories

Jordan Downs Redevelopment (2018)

Los Angeles, CA
Retail & commercial space that incorporates full-service grocery stores, restaurants, and retail shops.

Orthopaedic Institute for Children Announces $24.5 Million Construction Project Financed by the New Markets Tax Credit Program ()

L.A. Prep Project Lincoln Heights Secures Financing ()

U.S. Bank Financing Discovery Science Center Expansion ()

Debbie Allen Dance Academy (2021)

Los Angeles, CA
NMTC financing to fund the new construction of the Debbie Allen Dance Academy.

Seed LA (2021)

Los Angeles, CA
The SEED School of Los Angeles is part of a catalytic Transit Priority Joint Development Project at the major intersection of Vermont and Manchester in South Los Angeles.

Terasaki Budokan (2018)

Los Angeles, CA
Financing for Budokan, a multi-purpose community facility in a highly distressed area of downtown Los Angeles.

Vallarta Van Nuys Supermarket (2020)

Van Nuys, CA
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 land into a 40,000 sq.

Union Rescue Mission (2020)

Los Angeles, CA
With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution Genesis LA partnered with service provider Union Rescue Mission to construct a new 74,866 square

Bob Rick, Inc. (2012)

North Hollywood, CA
The new construction of manufacturing and corporate office space in a low-income community within North Hollywood.

Children’s Institute, Watts Campus (2020)

Los Angeles, CA
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.

Orthopedic Center for Children (2017)

Los Angeles, CA
Build-out of a new ambulatory surgery center and rehab another building to include an urgent care center, slinical space, research facilities and administration facilities.

One Santa Fe (2011)

Los Angeles, CA
The new construction of the commercial component of One Santa Fe, a mixed-use, transit-oriented development in the Arts District, a low-income community within Downtown Los Angeles.

LA Prep Kitchen (2017)

Los Angeles, CA
NMTC financing for a project serves as an incubator for 50 small- to medium-sized food producers that have outgrown their startup spaces.

Anderson Munger YMCA (2012)

Los Angeles, CA
The new construction of a YMCA health and fitness center (approximately 29,000 square feet) in the Koreatown neighborhood of the Wilshire Center District, a low-income community within the City of

Discovery Cube LA (2012)

Los Angeles, CA
Exhibit design and fabrication for a children's science center, as well as building modifications to the existing shell and core located in the Hansen Dam Recreation Area.

LA LGBT Anita May Rosenstein Campus (2017)

Los Angeles, CA
A multi-purpose campus provides a “beacon of hope” for LGBT youth and seniors.

Dream Center (2012)

Los Angeles, CA
The Dream Center, a volunteer-driven organization, currently serves over 40,000 people each month.

Vallarta Supermarkets Plans Huge Grocery Store in Van Nuys ()

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 land into a 40,000 sq.