Laura Friedman (D-CA30)

Tax Staffer: Carissa Bunge, carissa.bunge@mail.house.gov.

District Highlights

19 projects
270,749,374 in NMTC allocation
654,693,570 total project financing
3,178 FTE jobs created or retained
2,560 construction jobs created

19

projects

$270,749,374

NMTC Allocation

$654,693,570

in total project financing

3,178

FTE jobs

2,560

construction jobs

NMTC Project Profiles (Inside the District)

Hollywood Arts Collective and Career Center

Los Angeles,
CA
(2022)

Adult Education, Affordable Housing, Nonprofit Hub, Recreation

CDE(s): Genesis LA CDE, Los Angeles Development Fund

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

Dream Center

Los Angeles,
CA
(2012)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Shelters and Community Food, Youth and Families, Youth Program

CDE(s): Accion Opportunity Fund, Chase, Los Angeles Development Fund, National New Markets Fund, TELACU

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

Lincoln and Orange Grove

Pasadena,
CA
(2020)

Affordable Housing, Community, Housing, Mixed-use, Workforce Housing

CDE(s): 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, and 11 workforce housing units, 6,167 SF of commercial space, 3,850

LA Prep South

Los Angeles,
CA
(2017)

Business Development, Community, Food Manufacturing, Incubator, Manufacturing

CDE(s): California Statewide Communities Development Corporation, Chase, Genesis LA CDE

Acquired and rehabiliated existing warehouse buildings into a specialized facility leasing food production space to small and businesses and other seeking production space.

Projects Nearby the District

Clovis, CA (2016)

Innovative Development and Living Solutions

Laura Friedman (D-CA30)

District Highlights

19

$270,749,374

$654,693,570

3,178

2,560

NMTC Project Profiles (Inside the District)

Projects Nearby the District

Projects Nearby the District

Innovative Development and Living Solutions

Terasaki Budokan

Los Angeles Family Housing Phase 1

LA Prep Kitchen

Alliance Broadway Schools

Anderson Munger YMCA

Children’s Institute

Bob Rick, Inc.

V&S Plumbing

VST Development

Summit Grove

Ednovate East College Prep

Super Mario Ice Cream

Coachella Valley Rescue Mission