California Data and Stories

State Fact Sheet

Map of Selected Projects in California

Community Testimonials

New Market Tax Credits are an important means through which equitable development can occur to redress social injustices. This has created an incentive for investment that needs to continue in years to come.

-Craig Issod, Friendship House Association of American Indians, San Francisco, California

Selected Projects in California

Shasta Community Health Center (Redding)

Redding,
CA
(2014)

Community, Healthcare

CDE(s): California Statewide Communities Development Corporation, Low Income Investment Fund

NMTC financing helped the Shasta Community Health Center to fund Phase III of an expansion project for SCHC’s main medical facility in Redding, California.

Educare San Jose

San Jose,
CA
(2014)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Accion Opportunity Fund

ECSV is a collaborative project among 16 public institutions and private groups who provided financial support for an early childhood education facility

Copley-Price Family YMCA

San Diego,
CA
(2014)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Civic Community Partners

Copley-Price Family YMCA opened its doors to the public in 2014 and proudly serves one of the most diverse communities in San Diego, offering a supportive environment for people in

Mercado la Paloma

Los Angeles,
CA
(2014)

Affordable Housing, Community, Incubator, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial

CDE(s): Chase, Genesis LA CDE

Esperanza Community Housing Corporation, a nonprofit organization that supports affordable housing, health, arts and sciences, education and economic development, renovated a former garment factory into a 35,000-square-foot mixed-use building.

College of the Desert, Indio Campus

Indio,
CA
(2014)

Adult Education, College or Vocational Training, Community, Retail

CDE(s): Border Communities Capital Company

Project consists of the construction of a 40,000 sq. ft., 3 store campus building which includes 10,000 sq. ft. of retail.

Northern California Indian Development Council

Eureka,
CA
(2014)

Addiction Treatment, Behavioral Health, Community, Healthcare, Historic Rehabilitation, Mixed-use, Rural, Targeted Populations

CDE(s): California Statewide Communities Development Corporation, Consortium America

NMTC financing helped Northern California Indian Development Council to fund upgrades that preserve and revitalize their headquarters office - the historic Carson Block Building in downtown Eureka, CA.

Farm of the Future

Coalinga,
CA
(2014)

Adult Education, College or Vocational Training, Community, Solar, Timber and Agriculture

CDE(s): California Statewide Communities Development Corporation, Community Vision

Financing for the West Hills Community College District for its new Agricultural Science facility in Coalinga, California, also known as the Farm of the Future.

Bright Star Valor Middle School

North Hills,
CA
(2014)

Schools, Youth Program

CDE(s): Genesis LA CDE, L.A. Charter School New Markets CDE

Bright Star Valor Academy is a high-performing charter middle school, founded in 2009. Bright Star Valor Academy is committed to putting every child on a clear path to higher education

Western Rivers Conservancy Salmon Fishery Preserve and Yurok Tribal Community Forest, Phase III

Klamath,
CA
(2014)

Timber and Agriculture

CDE(s): Accion Opportunity Fund

Nonprofit purchase and tribal renovation of polluted river and clear cut forest. After a 10-year effort the Yurok Tribe, Western Rivers Conservancy, Opportunity Fund, and U.S. Bancorp Community Development Corporation,

Queenscare Health Centers

Los Angeles,
CA
(2013)

Community, FQHCs, Healthcare

CDE(s): TELACU

Financing to help Queenscare Health Centers, a nonprofit FQHC, build a new community health center in East Los Angeles.

Tiburcio Vasquez Health Center – Ashland Community Clinic

San Leandro,
CA
(2013)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Parks and Forests

CDE(s): Chase, Raza Development Fund

Thanks in part to NMTC financing, in 2014, Tiburcio Vasquez Health Center opened the Ashland Community Clinic, a 20,000 sq. ft. state-of-the-art facility that houses primary medical and dental, mental

St. Anthonys Foundation

San Francisco,
CA
(2013)

Community, Healthcare, Shelters and Community Food

CDE(s): Bank of America, Low Income Investment Fund

The build-out of a new kitchen, dining room, clothing distribution center, food pantry and social work center.

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

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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