Youth Orchestra of LA (YOLA)

New Markets Tax Credit Coalition

Inglewood,
CA
(2019)

Youth Orchestra of LA (YOLA)

Community, Daycare and Early Childhood, Youth and Families

NMTC financing rehabilitates and transforms an existing 18,000 sq. ft. commercial building into a music education facility and community center for low-income youth.

Investment

NMTC Amount: $23,000,000
Total Project Cost: $26,294,580

IMPACT

10 FTE jobs
120 construction jobs
18,000 sq. ft. of real estate

CDEs

Genesis LA CDE, Raza Development Fund

Investor

Chase

Project Description

NMTC allocation was used by the Los Angeles Philharmonic’s Youth Orchestra Los Angeles (“YOLA”) program to rehabilitate and transform an existing 18,000 sq. ft. commercial building into a music education facility and community center for low-income youth from Inglewood and the City of Los Angeles. The Project is located in the civic core of Downtown Inglewood in proximity to schools and along major public transit routes, which makes it accessible to youth living in other nearby areas of LA County.

MAP

Address: 101 S La Brea Ave + 101 South La Brea Avenue, Inglewood, CA 90301

Census Tract: 6037601211

PDF Profile

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