Ampla Health Marysville

Marysville,
CA
(2023)

Ampla Health Marysville

FQHCs

This transaction financed the acquisition and development of a 68,780 sq. ft. multiple tenant commercial building located in Marysville, CA, a portion of which was renovated a […]

Investment

NMTC Amount: $8,500,000
Total Project Cost: $8,500,000

IMPACT

50 FTE jobs
17 construction jobs
68,780 sq. ft. of real estate

CDEs

California Statewide Communities Development Corporation

Investor

US Bank

This transaction financed the acquisition and development of a 68,780 sq. ft. multiple tenant commercial building located in Marysville, CA, a portion of which was renovated and leased to a nonprofit.

Ampla Health is a nonprofit Federally Qualified Health Center (FQHC) that provides affordable, high quality healthcare services in Northern California. Ampla Health was originally founded in 1964 as the Sutter-Yuba Farm Workers Health Project to serve seasonal and migrant farm workers and other low-income populations. Over the past five decades, the organization has grown into a network of FQHCs that provide an array of healthcare services in local communities, offering services to all people regardless of their ability to pay.

Ampla Health has 14 medical and six dental centers located throughout Northern California, and offers comprehensive medical, dental, behavioral health, pediatrics, chiropractic, and specialty healthcare services in Butte, Colusa, Glenn, Sutter, Tehama, and Yuba Counties.

MAP

Address: 1114 Yuba Street, Marysville, CA 95901

Census Tract: 6115040100

Other California Projects

Hollywood Arts Collective and Career Center

Los Angeles,
CA
(2022)

Adult Education, Affordable Housing, Nonprofit Hub, Recreation

CDE(s): Genesis LA CDE, Los Angeles Development Fund

In February, Genesis LA provided $11.4 million in NMTCs to finance the Hollywood Arts project.

Winters Building

Richmond,
CA
(2009)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Local Initiatives Support Corporation

The renovation of the Winters Building – a school and performing arts center that provides services to underserved inner-city youth.

Martin Luther King Jr. Community Hospital

Los Angeles,
CA
(2020)

Community, COVID-19, Disaster Recovery, Healthcare, Hospitals and Emergency Services

CDE(s): USBCDE

This transaction will finance working capital for the Martin Luther King Jr. Community Hospital located in South Central Los Angeles, California.

Youth Orchestra of LA (YOLA)

Inglewood,
CA
(2019)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Genesis LA CDE, Raza Development Fund

NMTC financing rehabilitates and transforms an existing 18,000 sq. ft. commercial building into a music education facility and community center for low-income youth.