San Francisco, CA (2013)

ACT Strand

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

Investment

  • NMTC Amount: $34,753,000
  • Total Project Cost: $35,722,204

IMPACT

  • 93 FTE jobs
  • 185 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

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.

Project financing transformed a dilapidated and abandoned theater into a vibrant performing arts and education center. Redevelopment creates 75 construction and permanent jobs. The new A.C.T. Theater is inspiring the diverse community in a severely distressed area of San Francisco.

MAP

Address: 1127 Market Street, San Francisco, CA 94103

Census Tract: 6075017601

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