New Markets Tax Credit Coalition

Family Health Centers Diamond II

Investment

  • NMTC Amount: $19,000,000
  • Total Project Cost: $21,292,485

IMPACT

  • 172 FTE jobs
  • 57 construction jobs
  • 92 jobs created and 80 jobs retained.

Investor

Project Description

NMTC proceeds will finance new construction and expansion of a health center in San Diego, CA. The building will be constructed on the existing parking lot includes a clinic consisting of a women’s health suite, a physical rehabilitation suite and a mental health suite. These services will augment the current clinic’s services which include primary care, dental, mental health, and vision services.

MAP

Address: 4725 Market Street, San Diego, CA 92102

Census Tract: 6073003404

Other California Projects

Financing for permanent facilities for two Alliance schools: the existing College-Ready Middle School #5, which had outgrown the Boys and Girls Club on Pasadena Avenue, and the College-Ready High School
Development of a retail and office center that includes offices for healthcare practitioners.
Supportive services facility for the homeless families in the San Fernando Valley.
Financing for the West Hills Community College District for its new Agricultural Science facility in Coalinga, California, also known as the Farm of the Future.