Judy Chu (D-CA28)

Tax Staffer: David Silberberg, david.silberberg@mail.house.gov.

District Highlights

6 projects
73,815,612 in NMTC allocation
115,816,013 total project financing
296 FTE jobs created or retained
934 construction jobs created

6

projects

$73,815,612

NMTC Allocation

$115,816,013

in total project financing

296

FTE jobs

934

construction jobs

NMTC Project Profiles (Inside the District)

Vallarta Food Enterprises

Pasadena,
Ca
(2017)

Grocery and Fresh Food, HFFI, Retail, Retail and Commercial

CDE(s): TELACU

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.

Summit Grove

Pasadena,
CA
(2016)

Community, Housing

CDE(s): Chase, Genesis LA CDE

NMTC financing for the construction of 21 affordable homeownership units that replaced a nuisance liquor store at a blighted intersection in Pasadena.

MERCI

Monterey Park,
CA
(2015)

Adult Education, College or Vocational Training, Community, Disability Services, Healthcare, Supportive Housing

CDE(s): Genesis LA CDE

Financing for M.E.R.C.I. for the completion of the construction of two new buildings on it’s Monterey Park campus.

Projects Nearby the District

Los Angeles, CA (2013)

Garfield Corporate Center