New Markets Tax Credit Coalition

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Loma Linda University Medical

Investment

  • NMTC Amount: $28,960,000
  • Total Project Cost: $70,097,518

IMPACT

  • 547 FTE jobs
  • 450 construction jobs
  • 161,621 sq. ft. of real estate

Investor

Project Description

NMTC financing supported the construction of a health clinic at Loma Linda University.

MAP

Address: 250 South G Street, San Bernardino, CA 92410

Census Tract: 6071005701

Other California Projects

NMTC funding was used for the purchase and redevelopment of a 22,000 sq. ft. abandon historic theater. The space will be occupied by Bay Tech STEM, an established charter school.

NMTC financing rehabilitates and transforms an existing 18,000 sq. ft. commercial building into a music education facility and community center for low-income youth.
Investment allows neighbors to gain access to the dental care that they need, have an affordable place to call home, and a place to gather as a community.
The Project consists of the development of a 20,000 sq. ft. relocation/expansion of Elica’s existing North Highlands Center.