New Markets Tax Credit Coalition

Axar Pharmaceuticals

Financing for a specialty pharmaceutical research and development company in Corona, CA.

Investment

  • NMTC Amount: $640,000
  • Total Project Cost: $1,280,000

IMPACT

  • 9 FTE jobs
  • 6 construction jobs

Investor

Project Description

Financing for a specialty pharmaceutical research and development company in Corona, CA.

MAP

Address: 1672 Railroad Street, Corona, CA 92880

Census Tract: 6065041500

Other California Projects

NMTC financing supported construction of a sizable shopping center.
A community health center with a mission to improve patient health outcomes by providing the highest quality healthcare services in a non-discriminatory and cost-effective manner targeting the most vulnerable and
Renovation of a vacant warehouse provides a state-of-the-art K-12 learning facility for students impacted by homelessness.
The construction of a non-profit primary and preventive health care facility for the farmworkers and low-income service workers of Napa and Sonoma counties.