New Markets Tax Credit Coalition

RGD Construction

NMTC financing supported the RGD Construction project.

Investment

  • NMTC Amount: $796,875
  • Total Project Cost: $850,000

IMPACT

  • 10 FTE jobs

Investor

Project Description

The loan is to a contractor in southern California. The company, which provides professional painting services for residential properties, had been operating out of the owner’s home. The acquisition of a permanent location will allow the business to expand services and hire five new full-time employees. All five positions will be quality, accessible jobs and the borrower has committed to hiring from the local community.

MAP

Address: 11708 Inglewood Avenue, Hawthorne, CA 90250

Census Tract: 6037602103

Other California Projects

NMTC financing supported the construction of a health clinic at Loma Linda University.

The borrower was created in 2018 to purchase real estate at 4515 Dunham street for the OC (A Plus Gutter Systems) to operate out of. The Borrower will use the

Financing for The San Ysidro Health Center, a leading provider of quality healthcare for low-income people.
NMTC financing for the City of Desert Hot Springs Community Health and Wellness Center, conceived in 2003 to provide facilities for a medically underserved community to improve the health and