New Markets Tax Credit Coalition

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Variety Boys & Girls Club

Founded in 1949, Variety Boys & Girls Club serves children in the Boyle Heights neighborhood of Los Angeles.

Investment

  • NMTC Amount: $13,379,834
  • Total Project Cost: $13,778,553

IMPACT

  • 7 FTE jobs
  • 30 construction jobs

Investor

Project Description

Founded in 1949, Variety Boys & Girls Club serves children in the Boyle Heights neighborhood of Los Angeles. The Club’s mission is to “provide young people positive alternatives that build self-reliant, tolerant citizens who strive to make a difference.” The Club’s educational, recreational and guidance programs for children ages 7-17 serve as significant alternatives to the gang activity and drugs rampant in the community. The Club’s enrichment programs encourage local youth to actively engage in learning and to ensure they have the tools that they need for success in post-secondary school and beyond. When Club members graduate high school, they are often the first in their extended family to do so. 43 of the 65 most recent high school senior Club members graduated high school and 71% of those went on to college or university.

MAP

Address: 2530 Cincinnati Street, Los Angeles, CA 90033

Census Tract: 6037203720

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The construction of a office building for Maxima Products, a manufacturer of high quality and economical Heavy Duty Mobile Column Lifts ranging from 16,500 lbs–18,500 lbs lifting capacity per column.
The build-out of a new kitchen, dining room, clothing distribution center, food pantry and social work center.