Monterey Park, CA (2015)

MERCI

Investment

  • NMTC Amount: $7,105,000
  • Total Project Cost: $12,517,216

IMPACT

  • 30 FTE jobs
  • 10 construction jobs
  • 5,143 patients served

Investor

Financing for M.E.R.C.I. for the completion of the construction of two new buildings on it’s Monterey Park campus.

Project Description

Genesis LA provided GCIF financing to M. E. R. C. I., for the completion of the construction of two new buildings on it’s Monterey Park campus. M. E. R. C. I. is a nonprofit service provider for individuals with developmental and educational disabilities. The organization provides various day activity programs for individuals, supportive housing with 24/7 on-site care, and offsite services for medically fragile clients living in private homes. The project includes new administrative offices, multi-purpose classroom, and group home. These new facilities helps M. E. R. C. I. almost double the number of clients being served.

MAP

525 North Chandler Avenue, Monterey Park, CA 91754

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