Anaheim and Walnut

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, California.

Investment

  • NMTC Amount: $11,000,000
  • Total Project Cost: $13,000,000

IMPACT

  • 88 affordable homes created

CDEs

Investor

https://vimeo.com/663144406

Project Description

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, California. U.S. Bancorp Community Development Corp. is providing $24.8 million in low-income housing tax credit equity as well as New Markets Tax Credit equity and loans.

MAP

Address: 1500 Anaheim Street, Long Beach, CA 90813

Census Tract: 6037576402

Other California Projects

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The NMTC financing supported the renovation of a two-story, 12,000 sq. ft. building in San Jose to provide additional space for a nonprofit's growing programs and services.