California Data and Stories

State Fact Sheet

Map of Selected Projects in California

Community Testimonials

The NMTC is a critical economic development engine.

-Michael Kramer, Natural Investments

Selected Projects in California

OLE Health

Napa,
CA
(2017)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Accion Opportunity Fund, Capital Impact Partners, Chase, Nonprofit Finance Fund

The construction of a non-profit primary and preventive health care facility for the farmworkers and low-income service workers of Napa and Sonoma counties.

LA Prep South

Los Angeles,
CA
(2017)

Business Development, Community, Food Manufacturing, Incubator, Manufacturing

CDE(s): California Statewide Communities Development Corporation, Chase, Genesis LA CDE

Acquired and rehabiliated existing warehouse buildings into a specialized facility leasing food production space to small and businesses and other seeking production space.

Orthopedic Center for Children

Los Angeles,
CA
(2017)

Community, FQHCs, Healthcare

CDE(s): Chase, Los Angeles Development Fund, Urban Research Park CDE

Build-out of a new ambulatory surgery center and rehab another building to include an urgent care center, slinical space, research facilities and administration facilities.

Ednovate USC Hybrid High

Los Angeles,
CA
(2017)

Community, Schools

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

Development of a 460-seat charter high school.

LA Prep Kitchen

Los Angeles,
CA
(2017)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Incubator, Manufacturing

CDE(s): Los Angeles Development Fund, Urban America

NMTC financing for a project serves as an incubator for 50 small- to medium-sized food producers that have outgrown their startup spaces.

Joshua House Health Center

Los Angeles,
CA
(2017)

Affordable Housing, Community, FQHCs, Housing, Mixed-use

CDE(s): Capital Impact Partners, Los Angeles Development Fund, Nonprofit Finance Fund, USBCDE

The Joshua House Federally Qualified Health Center is a new facility that will be operated by the Los Angeles Christian Health Centers (LACHC) and housed in the first three stories

Coyote Valley hotel and wastewater treatment upgrades

Redwood Valley,
CA
(2017)

CDE(s): Travois

The new Coyote Valley Hotel will be 55,000 sq. ft. and will have 101 guest rooms. It is located along US Highway 101, a major commercial artery bringing customers through

Logan Heights Family Health Youth Counseling Center

San Diego,
CA
(2017)

Behavioral Health, Community, Healthcare, Youth and Families

CDE(s): Accion Opportunity Fund

Opportunity Fund provided $8 million in financing for the newly-opened Logan Heights Family Health Counseling Center w

rPlanet Earth Los Angeles, LLC

Vernon,
CA
(2016)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals, Waste Management

CDE(s): Citibank, MBS Urban Initiatives, TELACU

NMTC financing supported a new facility for rPlanet Earth, a new company that is bringing more efficient polyethylene terephthalate (PET) recycling to the United States.

HealthRIGHT 360

San Francisco,
CA
(2016)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Bank of America, Community Vision, Corporation for Supportive Housing, Enterprise Community Partners, Primary Care Development Corporation

The acquisition and renovation of a 48,000 sq. ft. building in the heart of San Francisco.

1401 Howard

San Francisco,
CA
(2016)

Community, Incubator

CDE(s): CCG Community Partners, National Trust Community Investment Corporation, USBCDE

Rehabilitation of the historic St. Joseph's Church, vacant since the 1989 Loma Prieta Earthquake, into creative incubator offices and outdoor community space.

Jackie Robinson Family YMCA

San Diego,
CA
(2016)

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

CDE(s): Civic Community Partners

NMTC financing to help bridge a funding gap for the construction of the new approximately 44,000-square-foot, two-story ADA-compliant expanded Jackie Robinson Family YMCA.

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