New Markets Tax Credit Coalition

Access Youth Academy

NMTC financing from Civic Communities helped Access Youth Academy construction a new, two-story 21,500 sq. ft. structure that will house a nine-court, state-of-the-art squash and learning center.

Investment

  • NMTC Amount: $4,000,000
  • Total Project Cost: $13,234,530

IMPACT

  • 10 FTE jobs
  • 60 construction jobs
  • 21,500 sq. ft. of real estate

Investor

Project Description

NMTC financing from Civic Communities helped Access Youth Academy construction a new, two-story 21,500 sq. ft. structure that will house a nine-court, state-of-the-art squash and learning center. It will provide services to approximately 1,300 local students, scaling up from the 120 students served at its current location.

A portion of the building will house three classrooms used for academic studies and tutoring sessions, a computer lab for college prep and admissions assistance, a conference room for meetings and workshops, a technology center, multipurpose meeting rooms and instructional space, staff offices, a kitchen/break room, and a parent lounge. The facility will blend sports, academics, and opportunities to offer training and classes for the public.

MAP

Address: 7310 Miramar Road, San Diego, CA 92114

Census Tract: 6073008350

Other California Projects

NMTC financing supported the RGD Construction project.
NMTC financing supported an expansion of a firm involved in hydrofoam distribution services.
The relocation and major expansion of FHCSD's current store-front center in the Diamond Neighborhoods area of San Diego.
The new construction of an assisted living facility for the elderly.