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

Construction of the Ed Roberts Campus, a collaboration of seven non-profit organizations serving the Bay Area.

Strategies for Change is dedicated to provideing substance abuse and co-occurring mental health services for youth and adults. Services include day treatment, intensive outpatient and outpatient programs. Strategies for Change

NMTC financing supported the TMP Services, Inc. project.
The acquisition and renovation of a 48,000 sq. ft. building in the heart of San Francisco.