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Community Music Center Richmond Branch

San Francisco, CA (2020)

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.

COMMUNITY IMPACT
  • 6 FTE jobs
  • 5000 youth served annually with tuition assistance to 2950 youths
FINANCING SOURCES
  • NMTC amount: $2,000,000
  • Total Project Costs: $2,000,000
  • CDE:
PROJECT LOCATION

741 30th Avenue

San Francisco, CA 94121

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.

External Profile

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Address & Social Media

The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225

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