Northern California Indian Development Council

Eureka, CA (2014)

Northern California Indian Development Council

Addiction Treatment, Behavioral Health, Community, Equity and Inclusion, Healthcare, Historic Rehabilitation, Historic Tax Credit, Indian Country, Mixed-use, Rural

District:

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.

Investment

NMTC Amount: $13,650,000
Total Project Cost: $17,536,536

IMPACT

15 FTE jobs
50 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.

CDEs

California Statewide CDC, Consortium America

Investor

US Bank

Project Description

The California Statewide Communities Development Corporation (CSCDC) has provided $7 million of NMTC allocation to the Northern California Indian Development Council (NCIDC) to fund upgrades that preserves and revitalizes their headquarters office – the historic Carson Block Building in downtown Eureka, California. From its offices, NCIDC facilitates a wide variety of programs serving over 15,000 clients annually, approximately 95% of whom are low-income persons.