YMCA Supportive Housing (2020)

Escondido, CA

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NMTC Amount: $6,700,000

Est. Total Project Cost: $7,826,020

COMMUNITY IMPACT

The New Markets Tax Credits investment finances the acquisition and rehabilitation of a 25-unit apartment complex in Escondido. The property will expand the YMCAs existing Transitional Housing & Youth Development program and streamline the YMCAs efforts aimed to end youth homelessness. The complex includes 25 units, each with 2 bedrooms and 2 bathrooms and approximately 930 square feet of living space. In total, the project will serve 46 vulnerable, low income youth at any given point in time during the year along with two staff member units.

Project Map