VST Development

New Markets Tax Credit Coalition

North Hollywood,
CA
(2020)

VST Development

Business Development, Manufacturing

VST Development purchased a building that will allow VS Construction to expand its current operating facilities.

Investment

NMTC Amount: $1,031,250
Total Project Cost: $1,100,000

IMPACT

5 FTE jobs

CDEs

Local Initiatives Support Corporation

Investor

Chase

Project Description

VST Development has purchased a building that will allow VS Construction to expand its current operating facilities. With the expanded space, VS Construction will be able to improve their capabilities for fabricating cabinetry and custom fittings for projects. The property is located in a severely distressed new market tax credit zone.

MAP

Address: 7230 Hinds Avenue, North Hollywood, CA 91605

Census Tract: 6037122410

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