New Markets Tax Credit Coalition

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  • Los Angeles,
  • CA
  • (2020)

Community Eye Center

District: Maxine Waters (D-CA43)

The loan was used for refinancing existing debt for an optometristic office.

Investment

  • NMTC Amount: $843,750
  • Total Project Cost: $1,012,500

IMPACT

  • 6 FTE jobs

CDEs

Investor

Project Description

The loan was used for refinancing existing debt. The project is an optometristic office. It is located in a severely distressed new market tax credit zone and is 100% women owned. 100% of the jobs created will be livable and have the ability to go to an externship site for vocational school.

MAP

Address: 8615 South Vermont Avenue, Los Angeles, CA 90044

Census Tract: 6037600100

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