Dream Center

The Dream Center, a volunteer-driven organization, currently serves over 40,000 people each month.

Investment

  • NMTC Amount: $48,788,500
  • Total Project Cost: $48,788,500

IMPACT

  • 65 FTE jobs
  • 50 construction jobs

Investor

Project Description

The Dream Center, a volunteer-driven organization, currently serves over 40,000 people each month. Services and programs offered include residential rehabilitation programs for teens and adults, a shelter for victims of human trafficking, a transitional shelter for homeless families, mobile hunger relief and medical programs, and a foster care intervention outreach that works closely with Los Angeles County’s Department of Children and Family Services to keep families intact by delivering the required furnishings, clothing and food to assure that their homes meet DCFS standards. Educational development programs such as adult basic education, job skills training and life skills counseling to homeless families and individuals make it a vital community development resource. (NNMF NMTCs: $16.3 million)

MAP

Address: 2301 Bellevue Avenue, Los Angeles, CA 90026

Census Tract: 6037195710

Other California Projects

This transaction financed the acquisition and development of a 68,780 sq. ft. multiple tenant commercial building located in Marysville, CA, a portion of which was renovated a […]
Construction of CDU’s Health and Wellness Center, a 10,000 square foot facility housing a FQHC, a community clinic to serve families, students and employees of CDU, a food pantry and
NMTC financing supported a new facility for rPlanet Earth, a new company that is bringing more efficient polyethylene terephthalate (PET) recycling to the United States.
College Track provides education, mentoring, job training and counseling services to youth in low-income communities with a focus on preparing students for college admissions as often the first in their