New Markets Tax Credit Coalition

  • North Hollywood,
  • CA
  • (2020)

VST Development

District: Luz Rivas (D-CA29)

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

Investor

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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