NCALL supported the Latin American Community Center (LACC)’s development of a 15,000 sq. ft. facility in the Westside/West Center City area to support more than 200 children in an early childhood center, creating more than 30 permanent jobs in the process. This $7.8 million project closed on financing by the middle of 2021 and start edserving children in 2022. NCALL has already been providing hands on Technical Assistance to LACC for two years to help them work through the predevelopment work and develop a fundraising approach. As a social service agency, they have worked closely with NCALL to gain expertise to develop a project of this scale. NCALL committed a $1.4 million New Markets Tax credit supported subordinate loan at 2.5% for a 7-year interest only period. Project a result of the Wilmington Collaborative CDFI Initiatiive: NCALL, Cinnaire, and True Access Capital.