BDB Enterprises

Riverside,
CA
(2021)

BDB Enterprises

Professional Services, Retail

NMTC financing supported two operating companies.

Investment

NMTC Amount: $1,575,000
Total Project Cost: $1,700,000

IMPACT

167 FTE jobs
9 construction jobs
9,190 sq. ft. of real estate

CDEs

Local Initiatives Support Corporation

Investor

Project Description

NMTC financing supported two operating companies. The first operating company, Jax, J, CC, Inc. (dba AMS Construction and Roofing), was founded in 2017 by Jeramie Jones. The company is a roofing contractor. The 2nd operating company is Craft Contracting dba Craft General Construction, founded in 2016 by Shane Demelo.

MAP

Address: 2867 Main Street, Riverside, CA 92501

Census Tract: 6065030103

Other California Projects

Open Door Community Health Centers

Arcata,
CA
(2015)

Community, FQHCs, Healthcare

CDE(s): California Statewide Communities Development Corporation

The California Statewide CDC provided $8.5 million of NMTC allocation to Open Door Community Health Centers enabling Open Door to fund an expansion.

Axar Pharmaceuticals

Corona,
CA
(2015)

Business Development, Manufacturing, Science and Tech

CDE(s): Morgan Stanley

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

Glasswerks Los Angeles

South Gate,
CA
(2019)

Manufacturing

CDE(s): Advantage Capital

NMTC financing supported a glass manufacturing and training business.

Community Arts Stabilization Trust

San Francisco,
CA
(2020)

Community, Historic Rehabilitation, Mixed-use

CDE(s): San Francisco Community Investment Fund

NMTC financing supported the Community Arts Stabilization Trust, a nonprofit real estate development and holding company strictly for the arts.