Northern California Indian Development Council

New Markets Tax Credit Coalition

Eureka,
CA
(2014)

Northern California Indian Development Council

Addiction Treatment, Behavioral Health, Community, Healthcare, Historic Rehabilitation, Mixed-use, Rural, Targeted Populations

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 Communities Development Corporation, 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.

MAP

Address: 241 F Street, Eureka, CA 95501

Census Tract: 6023000100

PDF Profile

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