Alliance Broadway Schools

Los Angeles,
CA
(2011)

Alliance Broadway Schools

Boys and Girls Clubs, Community, Recreation, Schools, Youth and Families

Financing for permanent facilities for two Alliance schools: the existing College-Ready Middle School #5, which had outgrown the Boys and Girls Club on Pasadena Avenue, and the College-Ready High School #14.

Investment

NMTC Amount: $21,032,818
Total Project Cost: $22,161,308

IMPACT

80 FTE jobs
75 construction jobs
1,000 students served.

CDEs

Genesis LA CDE, Local Initiatives Support Corporation, Low Income Investment Fund

Investor

US Bank

Voices from the Community

The NMTC program is an investment in the future of the US and supports high impact projects located in urban and non-urban areas in all 50 states.

-Anthony Santana, Associate, Genesis LA Economic Growth Corporation, Los Angeles, California

Project Description

The project provides permanent facilities for two Alliance schools: the existing College-Ready Middle School #5, which had outgrown the Boys and Girls Club on Pasadena Avenue, and the College-Ready High School #14 (HS#14). THS#14 is the first to be rolled out of a planned 10 ‘blended learning’ schools, otherwise known as the Blended Learning for Alliance School Transformation (BLAST) school model. The BLAST model supports a class size of up to 48:1 with a single teacher, leveraging a three-point instruction rotation of three groups of 16 students in each section. Students are issued a laptop daily and participate in in-classroom rotation and are able to utilize distance learning, digital content, online courses, and interactive tools.

MAP

Address: 211 South Avenue 20, Los Angeles, CA 90031

Census Tract: 6037199700

PDF Profile

Other California Projects

Summit Grove

Pasadena,
CA
(2016)

Community, Housing

CDE(s): Chase, Genesis LA CDE

NMTC financing for the construction of 21 affordable homeownership units that replaced a nuisance liquor store at a blighted intersection in Pasadena.

MLK Community Hospital (MLKCH)

Los Angeles,
CA
(2023)

Hospitals and Emergency Services

CDE(s): Clearinghouse CDFI, Ecotrust, Local Initiatives Support Corporation, Urban Action Community Development

Urban Action Community Development (“UACD”) deployed $8.75 million in Round 18 NMTC allocation to the Martin Luther King Jr Community Healthcare (“MLKCH” and “Hospital”) located in the heart of South

Bay Area Tech High School

Oakland,
CA
(2023)

Schools

CDE(s): Local Initiatives Support Corporation, Raza Development Fund, Wells Fargo

NMTC funding was used for the purchase and redevelopment of a 22,000 sq. ft. abandon historic theater. The space will be occupied by Bay Tech STEM, an established charter school.

Clinicas de Salud del Pueblo Health Facility

El Centro,
CA
(2017)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Border Communities Capital Company, TELACU, Urban Research Park CDE

Construction of a 44,310 sq. ft. Health Center in a underserved county.