Grocery Outlet Bargain Market

New Markets Tax Credit Coalition

Turklock,
CA
(2011)

Grocery Outlet Bargain Market

Grocery and Fresh Food, Retail, Retail and Commercial

Financing for a discount grocery store in an area lacking many affordable food options.

Investment

NMTC Amount: $8,614,600
Total Project Cost: $9,067,600

IMPACT

20 FTE jobs
180 construction jobs

CDEs

Wells Fargo

Investor

Wells Fargo

Project Description

Financing for a discount grocery store in an area lacking many affordable food options.

MAP

Address: 1300 West Main Street, Turklock, CA 95380

Census Tract: 6099003802

Other California Projects

East Los Angeles Rising Youth Club

Los Angeles,
CA
(2005)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families, Youth Program

CDE(s): Community Revitalization Fund

Financing for East Los Angeles Rising Youth Club, formerly a Boys and Girls Club East Los Angeles.

North Fork Community Power

North Fork,
CA
(2015)

Brownfield Remediation, Community, Energy, Manufacturing, Timber and Agriculture

CDE(s): Central Valley NMTC

A first-in-nation renewable energy operating business that uses Sierra Nevada forest waste as its feedstock to produce electricity.

Don Fisher Clubhouse

San Francisco,
CA
(2010)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): Accion Opportunity Fund

Nearly $25 million of financing to help the Boys & Girls Clubs of San Francisco build a new Clubhouse and administrative headquarters in the Western Addition.

Uptown Center

Paso Robles,
CA
(2015)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Capital Impact Partners, Morgan Stanley

Construction of a mixed-use development that brings healthy foods to a federally-designated food desert.