Lighthouse for Children

The 44,000-sq. ft. Lighthouse for Children project created a new 15,000 sq. ft. child care center, 10,000 outdoor play space, 10,000 sq. ft. community learning center, 7,500 sq. ft. of professional office space for nonprofit service providers

Investment

  • NMTC Amount: $15,714,000
  • Total Project Cost: $16,283,420

IMPACT

  • 30 FTE jobs
  • 89 construction jobs
  • 84 children served.
  • 15,000 sq. ft. of real estate

Investor

Project Description

Since its inception, First Five Fresno County has invested more than $200 million in local programs that provide direct services to young children and their families. These investments support high quality preventative health, early learning, and family support services that help give children the best possible start in life. An integral part of FSFC’s long-term strategic plan, the 44,000-sq. ft. Lighthouse for Children project created a new 15,000 sq. ft. child care center, 10,000 outdoor play space, 10,000 sq. ft. community learning center, 7,500 sq. ft. of professional office space for nonprofit service providers and 6,700 sq. ft. of F5FC administrative offices. Central Valley NMTC financing proceeds were used for construction, FF and E, and a 500 kw photo-voltaic system.

MAP

Address: 2405 Tulare Street, Fresno, CA 93721

Census Tract: 6019000600

Other California Projects

NMTC financing helped Northern California Indian Development Council to fund upgrades that preserve and revitalize their headquarters office - the historic Carson Block Building in downtown Eureka, CA.
New construction of a 40,000 sq. ft. facility that provided comprehensive medical and mental health services, substance abuse treatment, and recovery activities for patients with complex health and social needs
NMTC financing supported the TMP Services, Inc. project.
Pacific Safety Solutions, a safety consulting firm, used financing to purchase the 3,800 sq. ft. commercial property it previously leased in Vista, CA.