New Markets Tax Credit Coalition

Search

Central California Food Bank 2

Central California Food Bank Scales Impact with Support from the NMTC

Investment

  • NMTC Amount: $10,864,000
  • Total Project Cost: $11,400,000

IMPACT

  • 40 FTE jobs
  • 140,000 sq. ft. of real estate

Investor

Project Description

The organization purchased a 140,000 sq. ft. facility to house its headquarters, distribution center, and volunteer facilities. The former beer distribution warehouse, located in South Fresno, includes a 10,000 sq. ft. cold storage facility, a transfer station for produce donations on behalf of other food banks, and enough space to accommodate 40 employees and more than 200 volunteers at any given time.

MAP

Address: 4010 E Amendola Drive, Fresno, CA 93725

Census Tract: 6039000507

Other California Projects

NMTC financing helped the Shasta Community Health Center to fund Phase III of an expansion project for SCHC’s main medical facility in Redding, California.
A new boys and girls club provides children with after school enrichment.
The acquisition and renovation of a 48,000 sq. ft. building in the heart of San Francisco.
Working capital for the Community Music Center, a nonprofit arts education organization, enabling it to continue to provide music education to approximately 5,000 local youth, young adults, adults and seniors.