Historic Coronado Motor Hotel

Yuma,
(2020)

Historic Coronado Motor Hotel

Business Development

The Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community.

Investment

NMTC Amount: $1,454,000
Total Project Cost: $1,454,000

IMPACT

CDEs

Prestamos CDFI

Investor

Unknown

Project Description

Yuma Landing Company (operator of the Historic Coronado Motor Hotel) has been in operation for over 80 years, the Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community. NMTC financing was be used for building improvements, refinancing existing debt to improve business cash flow and to pay associated closing costs.

MAP

Address: 233 South 4th Avenue, Yuma,

Census Tract: 4027011800

Other Arizona Projects

Phoenix Union High School

Phoenix,
AZ
(2014)

Adult Education, College or Vocational Training, Community, Healthcare, Historic Rehabilitation, Schools

CDE(s): Phoenix Community Development and Investment Corporation

Rehabilitation of three vacant historic Phoenix Union High School buildings totaling 90,000 square feet for use by the University of Arizona College of Medicine.

Boys and Girls Clubs of Metro Phoenix

Phoenix,
AZ
(2007)

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

CDE(s): Local Initiatives Support Corporation

The construction of three new club facilities in the metro-Phoenix area: The Jerry Colangelo Clubhouse, The Ed Robson Family Clubhouse, and The Glendale Branch.

El Rio Santa Cruz Neighborhood Health Center

Tucson,
AZ
(2018)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Shelters and Community Food, Targeted Populations

CDE(s): Corporation for Supportive Housing

The development of a new 49,000 sq. ft. community health center to expand healthcare and services to people living with HIV/AIDS and people experiencing homelessness.

NTUA Wastewater Treatment Facility

Window Rock,
AZ
(2013)

Community, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): Brownfield Revitalization, Clearinghouse CDFI

NMTC financing supported the Navajo Tribal Utility Authority, which provides electricity, natural gas, water, wastewater treatment, renewable energy and telecommunications services to homes and businesses throughout the Navajo Nation and