Maxine Waters (D-CA43)

Tax Staffer: Kathleen Sengstock, kathleen.sengstock@mail.house.gov.

District Highlights

36 projects
473,754,013 in NMTC allocation
656,947,638 total project financing
2,851 FTE jobs created or retained
1,624 construction jobs created
4 manufacturing businesses
6 federally qualified health centers

36

projects

$473,754,013

NMTC Allocation

$656,947,638

in total project financing

2,851

FTE jobs

1,624

construction jobs

6

federally qualified health centers

4

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Children’s Institute, Watts Campus

Los Angeles,
CA
(2020)

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

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

Construction of a new 20,000 sq. ft. state-of-the-art community facility in Watts for the Children's Institute is expected to begin in January 2020 and be completed in July 2021.

SoLa Model Z

Los Angeles,
CA
(2024)

Manufacturing

CDE(s): Grow America, Prestamos CDFI

A business tackled the severe affordable housing crisis in South Los Angeles

RGD Construction

Hawthorne,
CA
(2020)

Professional Services, Retail and Commercial

CDE(s): Local Initiatives Support Corporation

NMTC financing supported the RGD Construction project.

Jordan Downs Redevelopment

Los Angeles,
CA
(2018)

Community, Grocery and Fresh Food, Mixed-use, Retail, Solar

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

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

Seed LA

Los Angeles,
CA
(2021)

Affordable Housing, Community, Mixed-use, Mixed-use and Commercial, Retail, Schools, Youth and Families

CDE(s): 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 intersection of Vermont and Manchester in South Los Angeles.

Youth Orchestra of LA (YOLA)

Inglewood,
CA
(2019)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Genesis LA CDE, Raza Development Fund

NMTC financing rehabilitates and transforms an existing 18,000 sq. ft. commercial building into a music education facility and community center for low-income youth.

Martin Luther King Jr. Community Hospital

Los Angeles,
CA
(2020)

Community, COVID-19, Disaster Recovery, Healthcare, Hospitals and Emergency Services

CDE(s): USBCDE

This transaction will finance working capital for the Martin Luther King Jr. Community Hospital located in South Central Los Angeles, California.

Charles Drew University

Los Angeles,
CA
(2020)

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

CDE(s): 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 serve families, students and employees of CDU, a food pantry and

Union Rescue Mission

Los Angeles,
CA
(2020)

Community, Daycare and Early Childhood, Dental Services, Healthcare, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): 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 service provider Union Rescue Mission to construct a new 74,866 square

Union Rescue Mission Angeles House

Los Angeles,
CA
(2021)

Healthcare, Shelters and Community Food

CDE(s): TELACU

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

MLK Community Hospital (MLKCH)

Los Angeles,
CA
(2023)

Hospitals and Emergency Services

CDE(s): Clearinghouse CDFI, Ecotrust, Local Initiatives Support Corporation, Urban Action Community Development

Urban Action Community Development (“UACD”) deployed $8.75 million in Round 18 NMTC allocation to the Martin Luther King Jr Community Healthcare (“MLKCH” and “Hospital”) located in the heart of South