Nancy Pelosi (D-CA12)

Tax Staffer: Katherine Monge, [email protected] (Updated: 05/11/2022)


Many of our lender members use NMTCs to attract capital to loan out to low-moderate income individuals.

-Heidi Pickman, CAMEO – California Association for Micro Enterprise Opportunity, San Francisco, California

Providing housing for people of all incomes is critical and not nearly enough exists. Having a safe, affordable place to live is fundamental for well being of our communities.

-Jennifer Eskildsen, SFHDC, San Francisco, California

New Market Tax Credits are an important means through which equitable development can occur to redress social injustices. This has created an incentive for investment that needs to continue in years to come.

-Craig Issod, Friendship House Association of American Indians, San Francisco, California

Last year NMTC enabled Compass Family Services, a 106 year old nonprofit serving homeless and at-risk families, to purchase a facility for services and escape the high rents of San Francisco. In addition, our new building is more welcoming, it’s designed for the services we provide and it has afforded us room for expansion.

-Carrie Hook, Finance Director, Compass Family Services, San Francisco, California


District Highlights




NMTC allocation


total project financing


FTE jobs


construction jobs

Federally Qualified Health Centers

Through 2021, the NMTC has supported 5 FQHCs in the district.

NMTC Project Profiles (Inside the District)


San Francisco, CA

Construction of the first facility on the West Coast fully dedicated to jazz music history, education and performance….

San Francisco, CA

This multi-tenant nonprofit complex, formerly a warehouse, located in San Francisco’s Mission District is a one-stop center of financial,…

San Francisco, CA

Development of a new facility to operate and expand an Early Care and Education program….

San Francisco, CA

Family House serves as a home away from home for families of children with cancer and other life-threatening illnesses…

San Francisco, CA

Renovation of the dilapidated former exotic film theater at 80 Turk Street into a new home for Counterpulse, a…

San Francisco, CA

Compass Family Services is located in San Francisco’s Tenderloin neighborhood and operates an emergency shelter, transitional housing program, child…

San Francisco, CA

San Francisco YMCA in secured $17.5M in NMTC financing for the redevelopment of the historic Chinatown YMCA in downtown…

San Francisco, CA

American Conservatory Theater is a nonprofit theater company operating in San Francisco….

San Francisco, CA

Rehabilitation of the historic St. Joseph’s Church, vacant since the 1989 Loma Prieta Earthquake, into creative incubator offices and…

State Fact Sheet