The NMTC allocation was used by the Los Angeles Philharmonic’s Youth Orchestra Los Angeles (“YOLA”) program to rehabilitate and transform an existing 18,000 sq. ft. commercial building into a music education facility and community center for low-income youth from Inglewood and the City of Los Angeles. The Project is located in the civic core of […]
The Fox Theater Pomona is a multi-purpose entertainment venue located at the center of downtown Pomona. Originally built in 1931, the theater was vacant for 10 years. Clearinghouse CDFI provided over $9 million of NMTC allocation and equity for the acquisition and rehabilitation of this historic theater. Today, the new Fox Theater Pomona is an […]
The purchase of a $1.075 MM loan to McKees Rocks Partners, LLC from LISC to place in the Good Jobs Fund. The loan supported the renovation of a vacant, 1920’s-era art deco vaudeville theater into a unique venue for live music performances, which will help revitalize the business district of McKees Rock.
Redevelopment of a 113,300 SF historic, abandoned opera house built in 1908 into a state-of-the-art live entertainment venue, with additional rent-free office space for community non-profits.
American Conservatory Theater (A.C.T.) is a nonprofit theater company operating in San Francisco. A.C.T.’s performance, education, and outreach programs benefit over 250,000 people annually. Clearinghouse CDFI provided $14.6 million of NMTC allocation and $2.4 million of Historic Tax Credits for this $35.6 million project. A dilapidated and abandoned theater will be transformed into a vibrant […]
The revitalization of Akronʻs downtown corridor will create a vibrant mix of urban living, healthy foods, new commercial opportunities, and the expansion of the Akron Civic Theater – The Jewel on Main Street.
The Adeline Wright-Graham Boys & Girls Club (Boys and Girls Club of Schenectady NY): The new location is expected to serve many as 300 children daily from the Hamilton Hill and Mont Pleasant neighborhoods, replacing the former building on Craig Street. Includes a theater as well. 62,000 SQUARE FEET, 481 students. ‘This much-needed new facility […]
Casa Familiar, a nonprofit community-based organization founded in 1973, is the leading service and community development organization in the border community of San Ysidro in South San Diego County. This historically disadvantaged community is facing severe distress with a poverty rate of 34.2%, a median family income that is 41.3% of the county average, and […]
Built in 1891 for the First Regiment Militia, the Portland Armory is listed on the National Register of Historic Places and is the 2nd largest 19th century building in Portland, Oregon. Located in a rapidly developing area that has historically been a highly-distressed low income census tract, the structure had been underutilized and neglected for […]