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

First public, college-prep boarding school in CA opens on long-abandoned property in South Los Angeles.

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

The construction of the exhibits for the new 200,000 sq. ft. Samuel Oschin Air and Space Center.
In February, Genesis LA provided $11.4 million in NMTCs to finance the Hollywood Arts project.

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

Retail & commercial space that incorporates full-service grocery stores, restaurants, and retail shops.
NMTC financing to fund the new construction of the Debbie Allen Dance Academy.
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.
Financing for Budokan, a multi-purpose community facility in a highly distressed area of downtown Los Angeles.
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.
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
The new construction of manufacturing and corporate office space in a low-income community within North Hollywood.
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.
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.
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.
NMTC financing for a project serves as an incubator for 50 small- to medium-sized food producers that have outgrown their startup spaces.
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
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.
The Dream Center, a volunteer-driven organization, currently serves over 40,000 people each month.
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.