California Data and Stories

State Fact Sheet

Map of Selected Projects in California

Community Testimonials

The NMTC provides an essential subsidy to make community investments viable. Without NMTC, these projects would not get off the ground. For each investment made, we leverage other capital, usually in a 1:3 to 1:4 ratio, bringing new investment to low-income communities that struggle to grow their economy, jobs, and businesses.

-Thomas De Simone, Genesis LA

Selected Projects in California

Community Owned Real Estate

East Los Angeles,
CA
(2019)

Nonprofit Hub

CDE(s): Genesis LA CDE

Joint venture between the three nonprofits to acquire five commercial properties for redevelopment and leasing to businesses and nonprofits.

Geneva Car Barn and Powerhouse Rehab

San Francisco,
CA
(2019)

Nonprofit Hub

CDE(s): San Francisco Community Investment Fund

The Powerhouse is approx. 3,100 sq. feet with 35’ high ceilings. Arts programming will be provided by the Performing Arts Workshop, a non-profit performing arts programming provider that has been

Central California Food Bank 2

Fresno,
CA
(2019)

Shelters and Community Food

CDE(s): Community Vision

Central California Food Bank Scales Impact with Support from the NMTC

Glasswerks Los Angeles

South Gate,
CA
(2019)

Manufacturing

CDE(s): Advantage Capital

NMTC financing supported a glass manufacturing and training business.

IMod Structures

Vallejo,
CA
(2019)

Manufacturing

CDE(s): Enhanced Capital

A Vallejo startup manufacturer of modular classrooms designed to be sturdy enough to relocate multiple times and stack a few stories high on April 9 announced it landed $11 million

Garden Grove Commerce Park

Garden Grove,
CA
(2018)

Business Development, Manufacturing

CDE(s): Local Initiatives Support Corporation

The NMTC supported light industrial space outfitted for multiple manufacturers.

Terasaki Budokan

Los Angeles,
CA
(2018)

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

CDE(s): Accion Opportunity Fund, Los Angeles Development Fund, MBS Urban Initiatives

Financing for Budokan, a multi-purpose community facility in a highly distressed area of downtown Los Angeles.

Meals on Wheels Kitchen

San Francisco,
CA
(2018)

Community, Shelters and Community Food

CDE(s): Capital Impact Partners, Chase, Community Vision, San Francisco Community Investment Fund

Meals on Wheels San Francisco works to make sure no homebound senior in the City goes hungry.

Compass Family Services

San Francisco,
CA
(2018)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Accion Opportunity Fund, Chase

Compass Family Services is located in San Francisco's Tenderloin neighborhood and operates an emergency shelter, transitional housing program, child care centers, and a computer lab and training center for families.

Coyote Valley Hotel and Wastewater

Redwood Valley,
CA
(2018)

Business Development, Community, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): Travois

NMTC financing supported the Coyote Valley Hotel and Wastewater project.

Ednovate East College Prep

Los Angeles,
CA
(2018)

Community, Daycare and Early Childhood, Healthcare, Schools, Youth and Families

CDE(s): Civic Builders, Low Income Investment Fund, USBCDE

A Charter Management Organization designed and developed by the USC Rossier School of Education in 2012 to close the graduation gap for high-need students in Los Angeles.

Community Health Centers of the Central Coast Healthcare Clinic

Lompoc, Paso Robles,
CA
(2018)

Behavioral Health, Community, FQHCs, Healthcare

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

The construction of a new federally qualified health center, a 27,500 S. F. facility in Lompoc, CA to replace an aging facility, and the renovation of a 21,300 S. F.

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