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San Francisco, CA (2007)

Chinatown YMCA

San Francisco YMCA in secured $17.5M in NMTC financing for the redevelopment of the historic Chinatown YMCA in downtown San Francisco.

Investment

  • NMTC Amount: $15,925,000
  • Total Project Cost: $19,778,728

IMPACT

  • 28 FTE jobs
  • 60 construction jobs

Investor

Project Description

San Francisco YMCA in secured $17.5 million in NMTC financing for the redevelopment of the historic Chinatown YMCA in downtown San Francisco. The YMCA advances education achievement for youth and provides recreational activities for the low-income community. The funding leveraged the existing building value, prior costs incurred over several years of redevelopment planning and capital campaign funds to maximize the net value of the NMTC equity. Funding occurred in January 2008 and the project was completed in 2010.

MAP

Address: 855 Sacramento Street, San Francisco, CA 94108

Census Tract: 6075011800

PDF Profile

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