CDE: TELACU

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

Union Rescue Mission Angeles House (2021)

Los Angeles, CA

The project entails the acquisition and redevelopment by Union Rescue Mission of a parcel of land located at 13200 Avalon Boulevard, Los Angeles, CA into a supportive services facility. Upon

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

Northgate Fontana Market (2023)

Fontana, CA

The construction and purchase of equipment for the brand new Northgate Market in Fontana, a USDA food Desert. The introduction of a Northgate Gonzalez Supermarket will provide this severely distressed

Fresno Rescue Mission 2.0 (2023)

Frenso, CA

Phase II includes the new construction of City Center’s residential building which will provide transitory housing for families in a crisis in addition to a youth center. Phase II will

Children’s Bureau Palmdale (2023)

Palmdale, CA

The acquisition and adaptive reuse of an existing 14,901 sq. ft. commercial building and the construction of a new 10,000 sq. ft. addition. The newly remodeled existing building features therapy

The Village (2022)

Pomona, CA

The Village Pomona “The project”, will entail the renovation and repurposing of the historic, 59,577 sq. ft., former YMCA Building in downtown Pomona. The vision of The Village Pomona, and

Fireclay Tile (2022)

Aromas, CA
Financing for the ground-up construction of a 8-acre, 4-building complex with 105,000 sq. ft. of production, storage, headquarters, and training spaces.

Vallartas Grand Opening in Pasadena Draws Hordes of Shoppers ()

U.S. Bank Commits $5.3 Million in Financing to QueensCare Health Centers for New Facility in East Los Angeles ()

Kaiser Auditorium Renovation Oakland Civic to Break Ground Early 2020 ()

Citi, New Markets Community Capital, and MBS Urban Initiatives Partner with rPlanet Earth to Create High-Quality Jobs and Increase Availability of Recycled Materials in Southern California ()

José Villalobos ()

For over three decades, José Villalobos has served as the Senior Vice President of government affairs/business development for TELACU, the largest Community Development Corporation (CDC). For over 50 years, TELACU

Caritas Center (2021)

Santa Rosa, CA
The Caritas Center in Santa Rosa, CA is a new 3-story 46,500 sq. ft. center providing supportive services for the homeless and near homeless, a medical respite for homeless and

Desert Hot Springs Community Health and Wellness Center (2012)

Desert Hot Springs, CA
NMTC financing for the City of Desert Hot Springs Community Health and Wellness Center, conceived in 2003 to provide facilities for a medically underserved community to improve the health and

Balboa Elementary School (2011)

Antioch, CA
NMTC financing supported solar panels for Balboa Elementary school.

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.

UCSD Workforce Development Accelerator (2020)

San Diego, CA
The University of California, San Diego has extended its reach into downtown San Diego’s East Village neighborhood.

Oakland Civic (2020)

Oakland, CA
Transofrmation of the Oakland Auditorium and Calvin Simmons Theatre into a mixed-use facility that will provide arts organizations and nonprofits with much needed, affordable, performance, rehearsal and office space all

Clinicas de Salud del Pueblo Health Facility (2017)

El Centro, CA
Construction of a 44,310 sq. ft. Health Center in a underserved county.

Queenscare Health Centers (2013)

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

rPlanet Earth Los Angeles, LLC (2016)

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

San Pablo Helms Community Center (2012)

San Pablo, CA
NMTC financing supported the San Pablo Helms Community Center project.

Sharp Medical Center (2011)

San Diego, CA
$15.7 million to construct a new, 68,000 sq. ft. replacement facility for Sharp HealthCare in downtown San Diego.

Humboldt Bay Harbor, Recreation and Conservation District (2016)

Samoa, CA
Financing for the acquisition of leasehold interest of 71.78 acre parcel of land and construction of industrial buildings.

Vallarta Food Enterprises (2017)

Pasadena, Ca
Vallarta Supermarket, a Latino owned and controlled company acquired the lease of a 49,870 sq. ft. former Vons Grocery in a severely distressed low-income community in Pasadena, CA.

Children’s Institute (2009)

Los Angeles, CA
NMTC financing to construct a new, 48,000 square foot facility - The Otis Booth Campus.

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.

Biofuels Energy Project (2010)

La Jolla, CA
The BioFuels energy project includes both the development of a methane gas treatment facility at the City of San Diego's Point Loma wastewater treatment plant, and the installation of three

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.

Kaiser Auditorium Renovation Oakland Civic to Break Ground Early 2020 ()

Transofrmation of the Oakland Auditorium and Calvin Simmons Theatre into a mixed-use facility that will provide arts organizations and nonprofits with much needed, affordable, performance, rehearsal and office space all