Ampla Health Marysville

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

Investor

Project Description

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

The NMTC provided small business financing for two businesses in Citrus Heights ($262,000) and Sacramento ($97,000), CA.
Investment allows neighbors to gain access to the dental care that they need, have an affordable place to call home, and a place to gather as a community.
$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.
The Project consists of the development of a 20,000 sq. ft. relocation/expansion of Elica’s existing North Highlands Center.