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Indio, CA (2012)

Coachella Valley Rescue Mission

Financing for a shelter providing housing, food, and clothing to homeless clients.

Investment

  • NMTC Amount: $10,982,400
  • Total Project Cost: $13,101,254

IMPACT

  • 34 FTE jobs
  • 150 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 43,000 sq. ft. of real estate

Investor

Project Description

Shelter providing housing, food, and clothing to homeless clients. The new facility contains 43,000 sq. Ft., permitting CVRM to dramatically expand its programs.

MAP

Address: 47470 Van Buren Street, Indio, CA 92201

Census Tract: 6065940400

Voices from the Community

The NMTC means a great deal to our organization and the communities we serve. We have over 35 years developing affordable housing for our working families, farm workers, migrant farm workers, seniors, and veterans. This credit has allowed organizations like CVHC to continue providing the American Dream of homeownership to thousand of individuals and families who could not otherwise have a roof over their heads. Therefore, the Coachella Valley Housing Coalition is proud to join others in urging Congress to provide a permanent extension and expansion of the New Markets Tax Credit.

-Javier Lopez, Director of Community Relations, Coachella Valley Housing Coalition (CVHC), Indio, California

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