The California Statewide Communities Development Corporation provided $10.5 million of NMTC financing to Big Brothers Big Sisters of Orange County to finance the purchase and renovation of a 52,565-square-foot office building in Santa Ana.
Big Brothers Big Sisters of Orange County was founded in 1958 and has had an enormous impact on the lives of youth through sponsoring one-to-one mentoring relationships with volunteers. The organization serves over 2,500 children in Orange County and the Inland Empire with the support of more than 1,600 volunteers through community and school-based mentoring programs. That support will enable Big Brothers Big Sisters of Orange County to purchase and renovate a new headquarters building located at 1801 E. Edinger Ave. in Santa Ana, creating the space for program expansion and increased volunteer participation. This will allow Big Brothers Big Sisters of Orange County to expand their services to as many as 10,000 children in the surrounding communities, through the participation of thousands of adult volunteers. Rehabilitation of the building will result in 21 temporary construction jobs.
Once completed, 29 permanent, full-time-equivalent jobs will be created by Big Brothers Big Sisters of Orange County over the next seven years.