Los Angeles Family Housing Phase 1

New Markets Tax Credit Coalition

North Hollywood,
CA
(2016)

Los Angeles Family Housing Phase 1

Adult Education, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Shelters and Community Food

Supportive services facility for the homeless families in the San Fernando Valley.

Investment

NMTC Amount: $11,520,000
Total Project Cost: $12,000,000

IMPACT

35 FTE jobs
17 construction jobs
200 patients served
Project includes a Federally Qualified Health Center.

CDEs

Accion Opportunity Fund

Investor

Unknown

Project Description

Supportive services facility for the homeless families in the San Fernando Valley. LAFH is a unique provider because its supportive services and real estate development address the full continuum of care for homeless and low-income households, from temporary housing to permanent rental housing, all linked to supportive services. The project includes a federally qualified health center.

MAP

Address: 7817 Lankershim Boulevard, North Hollywood, CA 91605

Census Tract: 6037121802

Other California Projects

OLE Health

Napa,
CA
(2017)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Accion Opportunity Fund, Capital Impact Partners, Chase, Nonprofit Finance Fund

The construction of a non-profit primary and preventive health care facility for the farmworkers and low-income service workers of Napa and Sonoma counties.

Lincoln and Orange Grove

Pasadena,
CA
(2020)

Affordable Housing, Community, Housing, Mixed-use, Workforce Housing

CDE(s): Genesis LA CDE, USBCDE

The construction of a 67,732 sq. ft. four-story mixed-use project in Pasadena, California that includes 22 low-income, 13 moderate-income, and 11 workforce housing units, 6,167 SF of commercial space, 3,850

Bayview Hunters Point YMCA

San Francisco,
CA
(2008)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Accion Opportunity Fund

The San Francisco YMCA in secured $5M in NMTC financing for the redevelopment of the Bayview YMCA in the Bayview district of San Francisco in 2008.

Navigator Watsonville Prep

Watsonville,
CA
(2021)

Schools

CDE(s): Civic Builders

The Navigator Watsonville Preparatory Charter School leased and renovated a portion of the first floor and the entire second floor of a commercial building in downtown Watsonville, CA to be