New Markets Tax Credit Coalition

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Central California Food Bank

Thanks to NMTC financing, the Central California Food Bank purchased a 140,000-sq. ft. facility to house its headquarters, distribution center, and volunteer facilities.

Investment

  • NMTC Amount: $8,800,000
  • Total Project Cost: $8,800,000

IMPACT

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

Investor

Project Description

Thanks to NMTC financing, the Central California Food Bank 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 East Amendola Drive, Fresno, CA 93725

Census Tract: 6019001500

Other California Projects

NMTC financing supported the construction of a new 20,000 sq. ft., two-story facility that provides medical, behavioral health and specialty care, with a focus on pediatrics and serving the house-less
Rehabilitation of the historic St. Joseph's Church, vacant since the 1989 Loma Prieta Earthquake, into creative incubator offices and outdoor community space.
NMTC financing supported solar panels for Balboa Elementary school.
Financing for the West Hills Community College District for its new Agricultural Science facility in Coalinga, California, also known as the Farm of the Future.