Los Angeles Development Fund - New Markets Tax Credit Coalition

2014

North Hills, CA | 29th District

Bright Star Valor Middle School

Genesis LA CDE L.A. Charter School New Markets CDE

Bright Star Valor Academy is a high-performing charter middle school, founded in 2009. Bright Star Valor Academy is committed…

2022

Los Angeles, CA | 30th District

Hollywood Arts Collective and Career Center

Genesis LA CDE Los Angeles Development Fund

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

2017

Los Angeles, CA | 34th District

Joshua House Health Center

Capital Impact Partners Los Angeles Development Fund Nonprofit Finance Fund USBCDE

The Joshua House Federally Qualified Health Center is a new facility that will be operated by the Los Angeles…

2019

East Los Angeles, CA | 34th District

Community Owned Real Estate

Genesis LA CDE

Joint venture between the three nonprofits to acquire five commercial properties for redevelopment and leasing to businesses and nonprofits….

2018

Los Angeles, CA | 43rd District

Jordan Downs Redevelopment

California Statewide CDC Chase Genesis LA CDE Los Angeles Development Fund

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

2021

Los Angeles, CA | 37th District

Debbie Allen Dance Academy

Los Angeles Development Fund

NMTC financing to fund the new construction of the Debbie Allen Dance Academy….

2021

Los Angeles, CA | 43rd District

Seed LA

Chase Civic Builders L.A. Charter School New Markets CDE Los Angeles Development Fund

The SEED School of Los Angeles is part of a catalytic Transit Priority Joint Development Project at the major…

2018

Los Angeles, CA | 34th District

Terasaki Budokan

Accion Opportunity Fund Los Angeles Development Fund MBS Urban Initiatives

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

2020

Van Nuys, CA | 29th District

Vallarta Van Nuys Supermarket

Local Initiatives Support Corporation Los Angeles Development Fund TELACU

Funding for the Vallarta Van Nuys project was used for the substantial rehabilitation of the property to transform the…

2020

Los Angeles, CA | 43rd District

Union Rescue Mission

Genesis LA CDE Los Angeles Development Fund Wells Fargo

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution Genesis LA partnered with…

2020

Los Angeles, CA | 43rd District

Charles Drew University

Genesis LA CDE USBCDE

Construction of CDU’s Health and Wellness Center, a 10,000 square foot facility housing a FQHC, a community clinic to…

2020

Pasadena, CA | 30th District

Lincoln and Orange Grove

Genesis LA CDE USBCDE

The construction of a 67,732 sq. ft. four-story mixed-use project in Pasadena, California that includes 22 low-income, 13 moderate-income,…

CDE: Los Angeles Development Fund

Project Profiles

2014

Bright Star Valor Middle School

2022

Hollywood Arts Collective and Career Center

2017

Joshua House Health Center

2019

Community Owned Real Estate

2018

Jordan Downs Redevelopment

2021

Debbie Allen Dance Academy

2021

Seed LA

2018

Terasaki Budokan

2020

Vallarta Van Nuys Supermarket

2020

Union Rescue Mission

2020

Charles Drew University

2020

Lincoln and Orange Grove

Recent Allocation Awards (2018-2021):