Children’s Institute

New Markets Tax Credit Coalition

Los Angeles,
CA
(2009)

Children’s Institute

Community, Daycare and Early Childhood, Youth and Families

NMTC financing to construct a new, 48,000 square foot facility - The Otis Booth Campus.

Investment

NMTC Amount: $28,056,600
Total Project Cost: $28,717,852

IMPACT

18 FTE jobs
100 construction jobs
48,000 sq. ft. of real estate

CDEs

TELACU

Investor

Chase

Project Description

Children’s Institute, Inc. (CII) was founded in 1906, in Los Angeles, California to provide services to children and families who have been affected by family and community violence, abuse, neglect, and other trauma. In 2006, CII celebrated its 100th anniversary by announcing its commitment to double the number of children and families served from 2,500 to 5,000. To help CII keep its commitment, New Markets Community Capital (NMCC), along with Chase, provided $28.1 million in NMTC financing to construct a new, 48,000 sq. ft. facility – The Otis Booth Campus.

MAP

Address: 2121 West Temple Street, Los Angeles, CA 90026

Census Tract: 6037195710

PDF Profile

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