New Markets Tax Credit Coalition

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Navigator Watsonville Prep

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $9,056,911

IMPACT

  • 72 FTE jobs
  • 44 construction jobs

Investor

Project Description

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 converted to school use..

MAP

Address: 407 Main Street, Watsonville, CA 95076

Census Tract: 6087110300

Other California Projects

Development of a retail and office center that includes offices for healthcare practitioners.
Finances construction of a 20,000 sq. ft. multi-structure office campus.
Goodwill Industries acquired a 93,350 square foot site with a 16,708 square foot building that had previously been used as a drive-through pharmacy.
NMTC financing supported the construction of 50 affordable homes for Habitat for Humanity, East Bay/Oakland. The project also provided housing counseling.