Anderson Munger YMCA

New Markets Tax Credit Coalition

Los Angeles,
CA
(2012)

Anderson Munger YMCA

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

The new construction of a YMCA health and fitness center (approximately 29,000 square feet) in the Koreatown neighborhood of the Wilshire Center District, a low-income community within the City of Los Angeles characterized by 42% obesity rate among youth.

Investment

NMTC Amount: $27,956,678
Total Project Cost: $29,074,919

IMPACT

100 FTE jobs
175 construction jobs
29,000 sq. ft. of real estate

CDEs

Chase, Los Angeles Development Fund, Lowe Economic Development Company

Investor

Chase

Project Description

This project entailed the new construction of a YMCA health and fitness center (approximately 29,000 sq. ft.) in the Koreatown neighborhood of the Wilshire Center District, a low-income community within the City of Los Angeles characterized by 42% obesity rate among youth. The project will promote healthy lifestyles to low-income residents by providing low-cost youth and family recreational programs, as well as affordable after-school and summer camp programs for children. The facility employs a total of 100 permanent jobs. Construction of the facility generated 175 jobs.

MAP

Address: 249 South Oxford Avenue, Los Angeles, CA 90004

Census Tract: 6037211410

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