New Markets Tax Credit Coalition

San Fernando Library

NMTC financing helped construct a new library in a mixed-use development.

Investment

  • NMTC Amount: $7,760,000
  • Total Project Cost: $8,944,524

IMPACT

  • 30 FTE jobs
  • 44 construction jobs

Investor

Project Description

NMTC financing for The Library Plaza, a project along Maclay street in San Fernando that contains both the local county library as well as eateries.

MAP

Address: 223 North Maclay Avenue, San Fernando, CA 91340

Other California Projects

The build-out of a new kitchen, dining room, clothing distribution center, food pantry and social work center.
Established in 1970, the Yolo Food Bank was founded as a volunteer-run backyard gleaning program and has grown to an organizational network of staff, volunteers, and partner agencies.
NMTC financing supported the construction of 27 affordable homes for the Habitat for Humanity of the OC.
Mixed-use development featuring community-oriented retail and housing space for local residents.