Luz Rivas (D-CA29)

Tax Staffer: Zach Kahan, zach.kahan@mail.house.gov.

District Highlights

14 projects
181,638,279 in NMTC allocation
287,997,978 total project financing
867 FTE jobs created or retained
831 construction jobs created
5 manufacturing businesses

14

projects

$181,638,279

NMTC Allocation

$287,997,978

in total project financing

867

FTE jobs

831

construction jobs

5

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Los Angeles Family Housing Phase 1

North Hollywood,
CA
(2016)

Adult Education, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Shelters and Community Food

CDE(s): Accion Opportunity Fund

Supportive services facility for the homeless families in the San Fernando Valley.

San Fernando Library

San Fernando,
CA
(2015)

Infrastructure, Library, Mixed-use, Mixed-use and Commercial, Municipal Facilities, Restaurants and Catering, Retail and Commercial

CDE(s): Beyond Bottom Line

NMTC financing helped construct a new library in a mixed-use development.

Bright Star Valor Middle School

North Hills,
CA
(2014)

Schools, Youth Program

CDE(s): 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 to putting every child on a clear path to higher education

Vallarta Van Nuys Supermarket

Van Nuys,
CA
(2020)

Adult Education, College or Vocational Training, Community, Grocery and Fresh Food, Historic Rehabilitation, Retail, Retail and Commercial

CDE(s): 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 124,000 sq. ft. parcel of land into a 40,000 sq.