California Data and Stories

State Fact Sheet

Map of Selected Projects in California

Community Testimonials

Without NMTC, we cannot continue to create jobs and economic development activity in underserved cities.

-Vanessa Delgado, President, Azure Development Inc., Commerce, California

Selected Projects in California

LightHouse for the Blind and Visually Impaired

San Francisco,
CA
(2015)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Manufacturing, Mixed-use, Nonprofit Hub, Retail, Youth and Families

CDE(s): Enterprise Community Partners, USBCDE

The acquisition and renovation of three floors of an 11-story building to create a modern 39,000 sq. ft. headquarters for LightHouse for the Blind and Visually Impaired.

Family House

San Francisco,
CA
(2015)

Children's Hospital, Community, Fighting Cancer, Healthcare, Ronald McDonald House, Shelters and Community Food

CDE(s): Capital One, Community Vision

NMTC financing to purchase land and build a facility that serves as a temporary housing complex providing temporary housing and a supportive community for families with a child who is

Ravenswood Family Health Center

Palo Alto,
CA
(2015)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Accion Opportunity Fund, Low Income Investment Fund, Primary Care Development Corporation

Financing for Ravenswood to move out of modular buildings with limited space and services.

V&S Plumbing

North Hollywood,
CA
(2015)

Business Development, Manufacturing

CDE(s): Local Initiatives Support Corporation

Small business financing for a family-owned general contractor to purchase a building for its office and warehouse space.

North Fork Community Power

North Fork,
CA
(2015)

Brownfield Remediation, Community, Energy, Manufacturing, Timber and Agriculture

CDE(s): Central Valley NMTC

A first-in-nation renewable energy operating business that uses Sierra Nevada forest waste as its feedstock to produce electricity.

MERCI

Monterey Park,
CA
(2015)

Adult Education, College or Vocational Training, Community, Healthcare, Supportive Housing

CDE(s): Genesis LA CDE

Financing for M.E.R.C.I. for the completion of the construction of two new buildings on it’s Monterey Park campus.

Axar Pharmaceuticals

Corona,
CA
(2015)

Business Development, Manufacturing, Science and Tech

CDE(s): Morgan Stanley

Financing for a specialty pharmaceutical research and development company in Corona, CA.

VFS Fire & Security Services

Orange,
CA
(2015)

Manufacturing

CDE(s): Morgan Stanley

Financing for a full-service fire protection manufacturer

Big Brothers and Big Sisters of Orange County

Santa Ana,
CA
(2015)

Youth Program

CDE(s): California Statewide Communities Development Corporation

Financing for the purchase and renovation of a 52,565-square-foot office building in Santa Ana for a youth services nonprofit.

Uptown Center

Paso Robles,
CA
(2015)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Capital Impact Partners, Morgan Stanley

Construction of a mixed-use development that brings healthy foods to a federally-designated food desert.

Loma Linda University Medical

San Bernardino,
CA
(2015)

College or Vocational Training, FQHCs

CDE(s): BRIDGE COMMUNITY DEVELOPMENT, Citibank, Urban Research Park CDE

NMTC financing supported the construction of a health clinic at Loma Linda University.

San Fernando Library

San Fernando,
CA
(2015)

Infrastructure, Library, Mixed-use, Mixed-use and Commercial, Municipal Facilities, Restaurants and Catering, Retail and Commercial

CDE(s): Beyond Bottom Line

NMTC financing helped construct a new library in a mixed-use development.

Site visits and recent news related to California NMTC Projects

Rep. Juan Vargas staff tour of Family Health San Diego

Opportunity Fund provided $8 million in financing for the newly-opened Logan Heights Family Health Counseling Center which offers a comprehensive range of behavioral health services to more than 7300 individuals and families of Barrio Logan, a low-income area south of downtown San Diego.

Learn more...

Jun-2016

Congressman Gomez visits Terasaki Budokan

Learn more...

Nov-2018

LIIF’s NMTC Allocation Spurs Creation of Cherryland Early Learning Center in Hayward, California

November 18, 2025

CDC director spotlights mental health approach at NMTC-financed Family Health Centers of San Diego

May 7, 2024

CSCDC Issues $11,000,000 in New Markets Tax Credits for College of the Desert

March 5, 2024