California Data and Stories

State Fact Sheet

Map of Selected Projects in California

Community Testimonials

Due to the NMTC deals, we are able to build affordable homes in our community for home-ownership which in turn builds more opportunities and stable communities for all involved.

-Christine Chu, Controller, Habitat for Humanity EBSV, Oakland, California

Selected Projects in California

SUPRSEED

Los Angeles,
CA
(2020)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation

The purchase of the new building will allow SuprMarkt LA to move to a permanent brick and mortar location that will provide them additional space to offer education and healthy

YMCA Supportive Housing

Escondido,
CA
(2020)

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

CDE(s): Civic Community Partners

The NMTCS investment finances the acquisition and rehabilitation of a 25-unit apartment complex in Escondido.

Vallarta Van Nuys Supermarket

Van Nuys,
CA
(2020)

Adult Education, College or Vocational Training, Community, Grocery and Fresh Food, Historic Rehabilitation, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation, Los Angeles Development Fund, TELACU

Funding for the Vallarta Van Nuys project was used for the substantial rehabilitation of the property to transform the 124,000 sq. ft. parcel of land into a 40,000 sq.

Union Rescue Mission

Los Angeles,
CA
(2020)

Community, Daycare and Early Childhood, Dental Services, Healthcare, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): Genesis LA CDE, Los Angeles Development Fund, Wells Fargo

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution Genesis LA partnered with service provider Union Rescue Mission to construct a new 74,866 square

UCSD Workforce Development Accelerator

San Diego,
CA
(2020)

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

CDE(s): Border Communities Capital Company, Civic Community Partners, TELACU

The University of California, San Diego has extended its reach into downtown San Diego’s East Village neighborhood.

Charles Drew University

Los Angeles,
CA
(2020)

Adult Education, College or Vocational Training, Community, FQHCs, Healthcare, Shelters and Community Food, Vocational Training

CDE(s): Genesis LA CDE, USBCDE

Construction of CDU’s Health and Wellness Center, a 10,000 square foot facility housing a FQHC, a community clinic to serve families, students and employees of CDU, a food pantry and

Goodwill Industries of San Diego County

Escondido,
CA
(2020)

Adult Education, College or Vocational Training, Community, Goodwill, Retail, Veterans Services, Vocational Training

CDE(s): Civic Community Partners

Goodwill Industries acquired a 93,350 square foot site with a 16,708 square foot building that had previously been used as a drive-through pharmacy.

Community Arts Stabilization Trust

San Francisco,
CA
(2020)

Community, Historic Rehabilitation, Mixed-use

CDE(s): San Francisco Community Investment Fund

NMTC financing supported the Community Arts Stabilization Trust, a nonprofit real estate development and holding company strictly for the arts.

Access Youth Academy

San Diego,
CA
(2020)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Civic Community Partners

NMTC financing from Civic Communities helped Access Youth Academy construction a new, two-story 21,500 sq. ft. structure that will house a nine-court, state-of-the-art squash and learning center.

Lincoln and Orange Grove

Pasadena,
CA
(2020)

Affordable Housing, Community, Housing, Mixed-use, Workforce Housing

CDE(s): Genesis LA CDE, USBCDE

The construction of a 67,732 sq. ft. four-story mixed-use project in Pasadena, California that includes 22 low-income, 13 moderate-income, and 11 workforce housing units, 6,167 SF of commercial space, 3,850

VST Development

North Hollywood,
CA
(2020)

Business Development, Manufacturing

CDE(s): Local Initiatives Support Corporation

VST Development purchased a building that will allow VS Construction to expand its current operating facilities.

Community Eye Center

Los Angeles,
CA
(2020)

Community, Healthcare

CDE(s): Local Initiatives Support Corporation

The loan was used for refinancing existing debt for an optometristic office.

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