2022
Holland, MI
Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13…
Desert Hot Springs, CA (2012)
The City of Desert Hot Springs Community Health and Wellness Center was conceived in 2003 to provide facilities for a medically underserved community to improve the health and welfare of the community. With a poverty rate of 33.8 percent, an unemployment rate of 13.2 percent, and median family income at 45.5 percent, the need for this project was acute.
TELACU partnered with the Opportunity Fund, another New Markets Tax Credit (NMTC) allocatee, to provide over $20 million in financing necessary to construct the facility and create more than 120 construction and permanent jobs. Approximately 33 percent of the city’s population is under 18 years of age and the project targets this important segment of the population. The 6.63-acre, 36,000 square-foot project provides upstream preventive and primary healthcare opportunities through a newly constructed facility designed to activate the community in physical activity, as well as health and nutritional education.
The project has four principal tenants/uses:
Boys and Girls Clubs
Community
Daycare or Early Childhood
FQHCs
Healthcare
Recreation
Youth and Families
Holland, MI
North Highlands, CA