One Santa Fe

Los Angeles,
CA
(2011)

One Santa Fe

Affordable Housing, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial, Transit Oriented Development

The new construction of the commercial component of One Santa Fe, a mixed-use, transit-oriented development in the Arts District, a low-income community within Downtown Los Angeles.

Investment

NMTC Amount: $37,450,000
Total Project Cost: $37,450,000

IMPACT

400 FTE jobs
358 construction jobs
77,000 sq. ft. of real estate

CDEs

Clearinghouse CDFI, Genesis LA CDE, Los Angeles Development Fund

Investor

Unknown

Project Description

This project entailed the new construction of the commercial component of One Santa Fe, a mixed-use, transit-oriented development in the Arts District, a low-income community within Downtown Los Angeles. The project comprises 77,000 sq. ft. of commercial space supporting 438 rental residential units.

The commercial component created 293 permanent jobs, 51% of which was held for low- to moderate-income individuals. It also generated 358 construction jobs.

The project promotes sustainable growth in Los Angeles. Additionally, the project brings a grocery store and convenience retail to a low-income community that is under served in these areas.

MAP

Address: 100 South Santa Fe Avenue, Los Angeles, CA 90012

Census Tract: 6037206031

Other California Projects

Santa Cruz Community Health Center

Santa Cruz,
CA
(2022)

Affordable Housing, Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Grow America, Primary Care Development Corporation

NMTC financing supported the construction of a new 20,000 sq. ft., two-story facility that provides medical, behavioral health and specialty care, with a focus on pediatrics and serving the house-less

V&S Plumbing

North Hollywood,
CA
(2015)

Business Development, Manufacturing

CDE(s): Local Initiatives Support Corporation

Small business financing for a family-owned general contractor to purchase a building for its office and warehouse space.

Midtown Spectrum

Victorville,
CA
(2006)

Community, Healthcare, Mixed-use, Retail

CDE(s): Clearinghouse CDFI

Development of a retail and office center that includes offices for healthcare practitioners.

Anaheim and Walnut

Long Beach,
CA
(2022)

Community, Housing, Mixed-use

BRIDGE Housing is partnering with TCC Family Health to develop Anaheim & Walnut, which will bring 88 affordable homes along with a community health and wellness center to Long Beach,