New Markets Tax Credit Coalition

Search

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

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

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.

The construction and purchase of equipment for the brand new Northgate Market in Fontana, a USDA food Desert. The introduction of a Northgate Gonzalez Supermarket will provide this severely distressed

St. Vincent de Paul Society is an international, independent Catholic Charity founded in 1883 by Frederick Ozanam in Paris, France. The Mission of St. Vincent de Paul Roseville is to

Development of a 460-seat charter high school.