Akin Co

Los Angeles,
CA
(2023)

Akin Co

Retail

Investment

NMTC Amount: $1,010,101
Total Project Cost: $1,010,101

IMPACT

15 FTE jobs
11 jobs created and 4 jobs retained.

CDEs

USBCDE

Investor

US Bank

Project Description

Borrower is a black woman-owned general contractor and construction management company specializing in major residential complexes, commercial and retail buildings. Borrower’s headquarters is located in Los Angeles and they plan to construct and/ or renovate certain real properties that are each located in a Low-Income Community census tract.

MAP

Address: 4428 W. Slauson Ave., Los Angeles, CA 90043

Census Tract: 6037703100

Other California Projects

Tiburcio Vasquez Health Center – Mission Street Clinic

Hayward,
CA
(2009)

Community, FQHCs, Healthcare

CDE(s): Bank of America

Tiburcio Vasquez Health Center is a FQHC, with over 300 multicultural and multilingual health professionals, with extensive language capacity.

College of the Desert Indio Education Campus Expansion

Indio,
CA
(2024)

Makerspace

CDE(s): Border Communities Capital Company, California Statewide Communities Development Corporation, Clearinghouse CDFI, Prestamos CDFI, Self-Help, TELACU, USBCDE

NMTC financed project expands training and education for 10,000 students

Santa Barbara Rescue Mission

Santa Barbara,
CA
(2017)

Behavioral Health, Community, FQHCs, Healthcare, Shelters and Community Food

CDE(s): Accion Opportunity Fund

$9,568,778 in low-interest financing to help renovate one of the largest providers of homeless housing and services in the Santa Barbara area – the Santa Barbara Rescue Mission.

Anaheim and Walnut

Long Beach,
CA
(2022)

Community, Housing, Mixed-use

BRIDGE Housing is partnering with TCC Family Health to develop Anaheim & Walnut, which will bring 88 affordable homes along with a community health and wellness center to Long Beach,