Community Music Center Richmond Branch

Working capital for the Community Music Center, a nonprofit arts education organization, enabling it to continue to provide music education to approximately 5,000 local youth, young adults, adults and seniors.

Investment

  • NMTC Amount: $2,000,000
  • Total Project Cost: $2,000,000

IMPACT

  • 6 FTE jobs
  • 5000 youth served annually with tuition assistance to 2950 youths

Investor

Project Description

Provides working capital to the Community Music Center, a nonprofit arts education organization, enabling it to continue to provide music education to approximately 5,000 local youth, young adults, adults and seniors. This includes providing tuition assistance to approximately 2,950 low-income students and financing the purchase of an adjacent parcel for future expansion.

MAP

Address: 741 30th Avenue, San Francisco, CA 94121

Census Tract: 6075047801

Other California Projects

Financing for a discount grocery store in an area lacking many affordable food options.
The construction of a office building for Maxima Products, a manufacturer of high quality and economical Heavy Duty Mobile Column Lifts ranging from 16,500 lbs–18,500 lbs lifting capacity per column.
New operations center to offer improved transportation and outreach services to geographically isolated and low-income populations in Butte County.
Financing for The San Ysidro Health Center, a leading provider of quality healthcare for low-income people.